WHAT IS A WAR SAVINGS BOND?

This bond is written proof that you have loaned money to the United States Government.

WHAT KIND OF BONDS ARE SERIES E BONDS?

They are appreciation bonds, that is, they are sold on a discount basis. After issue, they increase in value, reaching their full value in ten years. The increase in value, which you receive when you redeem the bonds, is the interest on your investment. These bonds are intended primarily to provide for the investment of small or moderate amounts saved from current income by individuals.

IN WHAT DENOMINATIONS ARE SERIES E BONDS AVAILABLE?

They are issued in denominations of $25, $50, $100, $500, and $1000 (maturity value).

WHAT DO THEY COST?

The price of Series E Bonds is 75% of their maturity value. For a $25 denomination bond, for example, you pay $18.75, and at maturity in ten years you receive $25. This is the smallest bond you can buy. For a $50 bond you pay $37.50. For a $100 bond you pay $75. For a $500 bond you pay $375. For a $1000 bond you pay $750.

WHEN DO SERIES E BONDS MATURE?

Ten years from the issue date.

HOW LONG WILL WAR SAVINGS BONDS AND STAMPS BE ON SALE?

No time limit has been set. The sale will continue until it is stopped at the discretion of the Secretary of the Treasury.

HOW CAN I BE SURE THAT I CAN GET MY MONEY BACK IF I BUY A WAR SAVINGS BOND?

The full faith and credit of the United States Government are pledged for payment of both principal and interest. Your bond is just as sound as the Government itself.

WHAT IS THE LIMIT OF OWNERSHIP OF SERIES E BONDS?

There is an annual limit of $5000 maturity value, or $3750 cost price, for each calender year, of bonds originally issued to that person individually, or to him with another as co-owner. However, in computed holdings, bonds issued as co-owners may be applied to either or apportioned between them.

WHAT IS THE ISSUE DATE OF A WAR SAVINGS BOND?

The bond is dated the first day of the month in which payment is received by the Treasurer of the United States or an authorized issuing agent.

IN WHAT NAMES MAY A WAR SAVINGS BOND BE ISSUED?

Series E Bonds can be registered only in the names of individuals in their own right, in one of the following forms:
1. The name of one individual,
2. The names of two individuals,
3. The name of one individual as owner and one other individual as beneficiary

IS IT NECESSARY FOR THE OWNER OF A SERIES E BOND TO NOTIFY THE TREASURY IF HE SHOULD CHANGE HIS ADDRESS?

No, but he should give his new address when he redeems his bond.

WHAT STEPS SHOULD BE TAKEN WHEN A BOND IS LOST, STOLEN, OR DESTROYED?

The Treasury Department, Division of Loans and Currency, Merchandise Mart, Chicago, Illinois, should be notified immediately, reference being made to the series, year of issue, date, denomination, and serial number of the bond, and the name and address of the registered owner.

CAN I PLEDGE A WAR SAVINGS BOND AS COLLATERAL FOR A LOAN?

No. The bonds are registered and not transferable. They are payable only to the persons named thereon.

WHERE CAN I GET EXACT AND AUTHORITATIVE INFORMATION ON FEDERAL TAX QUESTIONS?

From the collector of Internal Revenue for your district.

IF I NEED THE MONEY THAT I HAVE PUT INTO A SERIES E BOND, WHEN CAN I GET IT?

You may redeem a SERIES E BOND at any time after 60 days after the issue date.