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F E D E R A L R E S E R V E BANK
O F N EW YO R K
Fiscal Agent of the United States
rCircular No. 5 8 8 IT.
L October 10, 1966 J
UNITED STATES SAVINGS BONDS
Amendments to Treasury Department Circulars
T o Issuing and Paying A g en ts for Series E Savings Bonds
in the Second Federal R eserve D istrict:
Enclosed are copies of the second amendments to the following Treasury
Department Circulars:
No. 530, Ninth Revision, dated December 23, 1964, Regulations Governing United
States Savings Bonds. The amendment, dated August 16, 1966, contains new provisions
for the payment or redemption of savings bonds of Series H, J, and K.
No. 653, Seventh Revision, dated March 18, 1966, Offering of United States Savings
Bonds, Series E. The amendment, dated August 19, 1966, provides for the cash purchase
through issuing agents of Series E bonds that are registered in the names of trustees of
approved employees’ savings plans.
No. 905, Fourth Revision, dated April 7, 1966, Offering of United States Savings
Bonds, Series H. The amendment, dated August 16, 1966, grants to owners of Series H
bonds with issue dates from February 1, 1957 through May 1, 1959 the option of holding
the bonds for an extended maturity period of ten years at an annual investment yield
of 4.15 per cent; tables showing the current schedules of interest payments and investment
yields are incorporated in the amendment.
Additional copies of the enclosures will be furnished upon request.
A
lfred
H
ayes,
President.
REGULATIONS GOVERNING UNITED STATES SAVINGS BONDS
T re a su ry
D e p a rtm e n t
W ashing ton, A u g . 16,1966
1966
Second Am endm ent to
Department Circular N o. 530,
N inth Revision, dated
December 23, 1964
Fiscal Service
Bureau of the Public Debt
D epartm ent C ircu lar No. 530, N inth R evision
(31 C F R P a rt 315), dated Decem ber 23, 1964, as
amended, is hereby further revised and amended
as fo llo w s :
Sec. 315.35. P a ym en t or redem ption.
(a )
G eneral}
Paym ent o f a savings bond w ill
be made to the person or persons entitled thereto
under the provisions o f these regulations upon
presentation and surrender o f the bond with an
appropriate request fo r paym ent, except that
checks in paym ent w ill not be delivered to ad
dresses in areas with respect to w hich the Treasury
D epartm ent restricts or regulates the delivery o f
checks drawn against funds o f the U nited States
or any agency or instrum entality th ereof.2 P a y
ment w ill be made without regard to any notice o f
adverse claims to a bond and no stoppage or caveat
against paym ent in accordance with the registra
tion w ill 'be entered. Pursuant to its terms, a sav
ings bond m ay not be called fo r redem ption by the
Secretary o f the Treasury p rior to the m aturity
date, or the extended m aturity date fo r bonds h av
ing an optional extension period, but m ay be re
deemed in whole or in part at the option o f the
owner p rior to the m aturity date o r the extended
m aturity date, under the terms and conditions set
fo rth in the offerin g circular fo r each series and
in accordance with the provisions o f these regula
tions, fo llo w in g presentation and surrender as p ro
vided in this S ubpart ( H ). A t or a fter m aturity,
or extended m aturity fo r bonds having an optional
extension period, the bond w ill be paid at the
1 See fo o tn o te 9 o f D ep a rtm en t C ircu lar N o. 5 3 0 , N in th R ev i
sion (3 1 C F R P a rt 3 1 5 ) .
2 See fo o tn o te 3 o f D ep artm en t C ircu lar N o. 5 3 0 , N in th R ev i
sion (3 1 C F R P a rt 3 1 5 ) .
2 2 9 -0 2 0 — 66
m aturity value or the extended m aturity value
fixed by the terms o f the circu lar and in no greater
amount.
(b ) S eries E . A Series E bond w ill 'be re
deemed at any time after twTo m onths from issue
date at the appropriate redem ption value shown in
the revision o f D epartm ent C ircu lar No. 653 cu r
rent at the tim e o f redem ption.
(c ) Series II. A Series H bond w ill be re
deemed at par a fte r six m onths fro m issue date.
H ow ever, a bond received fo r redem ption during
the calendar m onth preceding an interest paym ent
date w ill not be redeemed until that date. A t or
after m aturity, or extended m aturity fo r bonds
h aving an optional extension period, a bond pre
sented fo r redem ption w ill be paid at par.
(d ) S eries I . P r io r to m aturity, a Series J
bond w ill be redeemed at the a ppropriate redem p
tion value show n in D epartm ent C ircu lar No. 906
(31 C F R Part 333). A t or a fter m aturity, the
bond w ill be paid at its face am ount as provided
fo r in that circular.
(e ) S eries K .
(1) General.
P rio r to m aturity, a Series K
bond w ill be redeemed at the a pp rop riate redem p
tion value shown in D epartm ent C ircu lar No. 906
(31 C F R Part 333).
H ow ever, a bond received
fo r redem ption or paym ent durin g the calendar
m onth preceding an interest paym ent date w ill
not be redeemed or paid until that date.
A t or
after m aturity, the bond w ill be paid at par, and
final interest, in the am ount provided fo r in that
circular, w ill be paid w ith the principal.
(2 ) R ed em ption at par.
( i) A b on d o f Series K issued in exchange fo r
matured bonds o f Series E under the provisions
o f Departm ent C ircu lar No. 906 is payable at par.
(ii) A bond o f Series K registered in the name
o f a natural person or persons in their ow n right
will be paid at par upon the request o f the person
entitled to the bond upon the death o f the owner
or either coowner.
2
(iii)
A bond o f Series K held by a trustee, life
tenant, or other fiduciary (exclusive o f trustees o f
a pension, retirement, investment, insurance, annu
ity or sim ilar fu n d , or em ployees’ savings plan)
w ill be p aid at par upon a ppropriate request upon
the term ination, in whole or in part, o f a trust, life
tenancy, or other fiduciary estate by reason o f the
death o f a natural person, but in the case o f partial
term ination, redem ption at par w ill be made to the
extent o f n ot m ore than the p ro rata p ortion o f the
trust or fiduciary estate so term inated. B on ds o f
Series K held by a financial institution in its name
as trustee o f its com m on trust fu n d w ill be paid
at par upon the request o f the fiduciary upon the
term ination, in whole or in part, o f a particip atin g
trust by reason o f the death o f a natural person, to
the extent o f not more than the p ro rata p ortion o f
the com m on trust fu n d so terminated.
T h e op tion to. receive paym ent at par under subparagraph (e ) ( ii) and (iii) o f this section may
be exercised by a signed request fo r paym ent or by
express written notice, in either case sp ecifyin g
that redem ption at par is desired. Paym ent may
be postponed to the second interest paym ent date
fo llo w in g the date o f death, i f so requested; oth er
wise, paym ent w ill be made in regular course. A
death certificate or other acceptable evidence o f
death must be submitted. In no case o f red em p
tion at p ar b efore m a tu rity u nd er subparagraph
(e ) (ii) and (iii) w ill interest be payable beyond
the second in terest p aym en t date follo w in g the
date o f death.
Sec. 315.36. W ith d ra w al o f request f o r r e
dem ption. A n ow ner or a coow ner who has p re
sented and surrendered a bond to the Treasury
D epartm ent or a Federal Reserve Bank or B ranch
or to an authorized p ayin g agent, with an a p p ro
priate request fo r paym ent, m ay w ithdraw such
request i f notice o f intent to w ithdraw is given to
and received by the same agency to w hich the bond
was presented fo r paym ent p rio r to the issuance
o f a check in paym ent or p rior to paym ent by the
authorized p ayin g agent.
Such request m ay be
w ithdraw n under the same conditions by the exec
utor or adm inistrator o f the estate o f a deceased
ow ner or by the person or persons w ho w ould have
been entitled to the bond under Subpart O, or by
the legal representative o f the estate o f a person
under legal disability, unless presentation and sur
render o f the bond have cut off rights o f su rvivor
ship under the provisions o f Subpart M or S u b
part N.
Sec. 315.37.
[R eserved]
GEORGE F. STICKNEY
Deputy Fiscal Assistant Secretary
of the Treasury
Footnotes 1 and 6 are revised and amended as
fo llo w s :
1
A ll Series E bonds have a 10-yea r op tion al exten sion period.
T h ose bearin g issue dates o f M a y 1, 1 9 4 1 , throu gh M a y 1, 1 9 4 9 ,
have a second 10-yea r op tion al exten sion period.
Series H bonds
bearin g issu e dates o f June 1, 1 9 5 2 , th rou gh M a y 1, 1 9 5 9 , have
a 10-y ea r op tion al exten sion period.
O th er bonds do n o t have
th is featu re .
T h e final in terest on Series H bonds bearin g issue dates o f
June 1, 1 9 5 2 , th rou gh J an u ary 1, 1 9 5 7 , covers a period o f two
m on th s, fro m 9 %
fo r
bonds
M a y 1,
1959,
1 0 years.
yea rs to 9 years, 8 m on th s.
bea rin g
issue
dates
of
F eb ru a ry
T h e final in terest
1,
1957,
covers a period o f 6 m on th s, fro m 9 %
throu gh
years to
B on d s so dated w ill con tin ue to earn interest fo r a
1 0 -y ea r op tion al exten sion period du rin g w hich tim e in terest w ill
accrue and be paid b egin ning 6 m o n th s fro m the origin al m atu rity
date, in accordance w ith th e pro vision s o f D ep a rtm en t C ircular
N o. 9 0 5 , cu rren t revision.
Since M a y 1, 1 9 5 7 , the on ly current
incom e bonds on sale are those o f Series H .
C ircu lar N o. 9 0 6 , as am ended, fo r Series K .
See D ep artm en t
OFFERING OF UNITED STATES SAVINGS BONDS
SERIES E
1966
Second Am endm ent to
Department Circular N o. 653
T
r e a su r y
D epartm ent
.
W ashington, A U Q U St 19. 196G.
Seventh Revision, dated
M arch 18, 1966
Fiscal Service
Bureau of the Public Debt
Section 316.6, subsection ( a ) , o f Departm ent C ircu lar No. 653, Seventh
R evision, dated M arch 18, 1966, as amended (31 C F R P a rt 316), is hereby
amended by renum bering subparagraph (2 ) as ( 3 ) , and insertion o f the
fo llo w in g :
Section 3 1 6 .6 (a ). O ver-th e-cou n ter f o r cash. * * *
(2 )
B onds registered in names o f trustees o f em ployees'1 savings
plans. A t such incorporated bank, trust com pany, or other agency, duly
qualified as an issuing agent, provided the agent is trustee o f an approved
em ployees' savings plan eligible fo r the special lim itation in Sec. 316.5(c)
and p rior approval to issue the bonds is obtained from the Federal R e
serve Bank o f the agent's district.
GEORGE F. STICKNEY,
Deputy Fiscal Assistant Secretary of the Treasury.
U .S . GOVERNMENT PRINTING OFFICE : 1 9 6 6 - 0 - 2 2 9 - 5 4 1
OFFERING OF U NITED STATES SAVING S BO N D S
SERIES H
1966
Second Amendment to
Department Circular N o. 905,
Fourth Revision, dated
April 7, 1966
_________
m
t-.
REASURY D E P A R T M E N T
1
TT7.
7 .
.
\\ ashm gton, A ugust 16, 1966.
Fiscal Service
Bureau o f the Public Debt
D ep artm en t C ircular N o. 905, F ou rth R evision (31 C F R P art 332), d ated A pril 7, 1966, as revised
and am ended, is hereby further revised and am ended as follow s:
Sec. 332.2. D escription o j bonds. * * *
(d)
Term. A Series II bon d will be dated as of
the first d a y o f the m on th in w hich paym ent there
for is received b y an agent authorized to issue such
bonds. This date is the issue date and the bond
will m ature and be payable ten years from such
issue date. T h e b on d m a y n ot be called for re
dem ption b y the Secretary o f the Treasu ry prior
to m a tu rity, but m a y be redeem ed A T P A R after
six m onths from issue date as provided for in
Sec. 332.10. T h e T reasu ry D epartm ent m ay re
quire reasonable n otice o f presentation o f a bond
for redem ption prior to m a tu rity or extended
m atu rity.
Sec. 332.8. Extended term and. improved yields
f o r outstanding bonds.
(a) Extended maturity period f o r bonds with issue
dates June 1, 1952, through M a y 1, 1 9 5 9 } Owners
o f Series H bonds w ith issue dates o f June 1, 1952,
th rou gh January 1, 1957, have the op tion o f re
taining their bonds for an extended m a tu rity period
o f ten years. Owners o f Series H bonds w ith issue
dates o f F ebru ary 1, 1957, through M a y 1, 1959,
are h ereby granted the option o f retaining their
b onds for an extended m a tu rity period o f ten years.
(b) Improved yields. * * *
(3)
Bonds with issue dates February 1, 1957,
through M a y 1, 1959.2 T h e investm ent yield on
ou tstan din g Series II bonds with issue dates o f
F ebru ary 1, 1957, throu gh M a y 1, 1959, for the
rem aining period to the maturity date was increased
b y /io o f 1 percent per annum if held to original
m a tu rity and b y lesser am ounts if redeem ed earlier.
D elete footn ote 7.
1 Sec footnote 5 of Department Circular No. 905, Fourth Revision.
2 The tables incorporated herein, arranged according to issue dates, show
the current schedules of interest payments and investment yields.
T h e increase, on a graduated basis, began with the
first interest period starting on or after D ecem ber
1, 1965. T h e investm en t yield for the extended
maturity period will be app roxim ately 4.15 p ercent
per annum for each h alf-year period.
(4)
Bonds with issue dates June 1, 1959, through
November 1, 1965. T h e investm en t yield on o u t
standing Series H bonds with issue dates o f June 1,
1959, through N ovem b er 1, 1965, was increased b y
/io o f 1 percent per annum if held to original ma
turity and b y lesser am ounts if redeem ed earlier.
T h e increase, on a graduated basis, began w ith the
first interest period starting on or after D ecem b er
1, 1965.
Sec. 332.10. Redem ption or paym ent. P rior to
m atu rity, or extended m a tu rity for b onds h aving
an extended m a tu rity period, a Series H bon d will
be redeem ed A T P A R at the op tion o f the ow ner,
in w hole or hi part, in the am ount o f an authorized
denom ination or m ultiple thereof, after six m on th s
from issue date, upon presentation and surrender
o f the bon d w ith a d u ly executed request for paj^m en t to (1) a Federal R eserve B an k or B ranch,
(2) the Office o f the Treasurer o f the U nited
States, Securities D ivision , W ash in gton , D .C .
20220, or (3) the B ureau o f the P u blic D e b t,
D ivision o f Loans and C u rren cy B ranch, 536
Sou th C lark Street, C h icago, Illinois 60605. H o w
ever, a bon d received for redem ption or p aym ent
b y an agen cy during the calendar m on th preceding
an interest paym en t date will n o t be redeem ed or
paid until that date. A t or after m atu rity, or
extended m a tu rity for bonds h aving an extended
m a tu rity period, a bond presented for redem ption
will be paid at par.
G e o r g e F. S t i c k n e y
Deputy Fiscal Assistant Secretary of the Treasury
1
TABLES
OF
CHECKS
S E R IE S
ISS U E D
AND
H B E A R IN G
IN V E S T M E N T
IS S U E D A T E S
Y IE L D S
FOR
U N IT E D
STATES
O F F E B R U A R Y 1 , 195 7 T H R O U G H
S A V IN G S
BONDS
OF
M A Y 1, 1 95 9
E a ch table show s: (1) T h e a m ou n ts o f interest check p a y m en ts during the original m a tu rity period and during
the 1 0 -y e a r extension period, on bonds bearing issue dates covered by the ta b le ; (2 ) the ap p roxim ate in v estm en t yield
on the face valu e from issue d ate to each interest p a y m e n t d a te ; an d (3) the ap p ro xim a te in v estm en t yield on the face
v a lu e from each interest p a y m e n t d ate to next m a tu rity .
Y ield s are expressed in term s of rate per an n u m , com
p ounded sem ian n u ally.
TABLE 1 3 -A
BONDS
B E A R IN G
IS S U E D A T E S F R O M
F a r e v a l u e f I s s u e Pric e -----------------------------------------------
\Redemption 1 and maturity value _
Vi year
__
_
.
2 years,
2 % y e a r s ..
_ _
3 years _
3*4 vears . .
4 vears
4x
/> vears .
5 vears
_ 6 vears..
__
_ _
_
--
_
7 vears
7V-> ye ars____
8 vears
8}<2 vears____
9 years ___ . . .
-__
__
. _ ___
_
_
___
_
_
.
$ 1, 000
I , 000
$ 5, 000
5, 000
$10, 000
10, 000
(1) Am ounts of interest checks for each denomination
Period of time bond is held after issue date
1 vear
$50 0
500
FEBRUARY 1 TH R O U G H
____ _______
___
$4.
7.
8.
S.
8.
8.
8.
8.
8.
8.
9.
9.
9.
9.
9.
10.
10.
10.
00
25
45
45
45
70
70
70
70
70
90
90
90
90
90
50
50
50
$8.
14.
16.
10.
16.
17.
17.
17.
17.
17.
19.
19.
1 !).
19.
19.
21.
21.
21.
00
50
90
90
90
40
40
40
40
40
SO
80
80
80
80
00
00
00
$40.
72.
84.
84.
84.
87.
87.
87.
87.
87.
99.
99.
99.
99.
99.
105.
105.
105.
00
50
50
50
50
00
00
00
00
00
00
00
00
00
00
00
00
00
M A Y 1, 1957
Approximate hivestment yield
on face value t
(2) From issue
(3) From each
date to each
interest pay
ment date
interest pay
ment date to
maturity*
Percent
Percent
$80
145
169
109
169
174
174
174
174
174
198
198
198
198
198
210
210
210
1 . (10
2.
2.
2.
2.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
25
62
80
92
01
07
12
16
19
25
30
35
39
42
46
50
53
*3.
*3.
*3.
*3.
t3.
t3.
f3.
f4.
f4.
f4.
t4.
f4.
f4.
|4.
|4.
f4.
f4.
**4.
35
38
38
38
8K
92
95
00
05
11
13
16
19
23
29
31
35
83
Am ounts of interest checks and investment yields to maturity on basis of December 1, 1965 revision
9]4 y e a r s.
.
10 years (maturity)
_ _ ...
___
11. 55
12. 60
_
__
1 year
1 }| vears____
2 years
2 J4 v e a r s ___
-
- —
___
-
-_. _.
3 years
3)1 vears____
. 4 y e a r s ..
...
-4M> y e a r s . _________—
.
. .
5 vears
5*2 v e a r s ____
.
.
__
(') vears .
___ _____
614 y e a r s __________ i .
-------------7 vears
___ __
____
.
7l-> y e a r s .
___
8 years
------- ------_ .
8]4 vears___________
_ ___
9 years----- ----------------------- ---9J 2 vears_____________________
10 years (ex ten d ed m aturity)2.
-
_ .
__
-
-
—
...
.
----------- ---__
___ .
_________
_ .
.
10.
10.
10.
10.
10.
10 .
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
37
37
37
37
37
37
37
37
37
38
38
38
38
38
38
38
38
38
38
38
JCalculated on basis of $1,000 bond.
* Yields on the basis of the original schedule of interest checks prior to the
June 1, 1959 revision are: (1) 3.25 percent for entire period from issuance to
m aturity; (2) as shown for any period from each interest paym ent date to
maturity.
fStarting with the effective date of the June 1. 1959 revision yields for any
remaining period from each interest payment date to maturity prior to the
2
115. 50
126. 00
231
252
3, 58
3. 64
E X T E N D E D M A T U R I T Y P E R IO D
Period of time bond is held after maturity date
Yi vear
23. 10
2 5. 20
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
5. 04
(b) To extended
maturity?
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
66
68
70
71
72
74
75
76
77
78
79
80
80
81
82
82
83
84
84
85
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
f)eceml>er 1. 1965 revision.
♦ 'Y ield from the effective date of the Deceml)er 1, 1965 revision to
m aturity.
§4.15 percent per annum yield for the full 10-year extension period.
1 At all times, except that bond was not redeemable during first 6 months.
2 20 years from issue date.
TABLE 1 4 -A
B O N D S B E A R IN G ISSU E D A T E S F R O M JUNE 1 T H R O U G H N O V E M B E R 1, 1957
F a v a l u e / ls s u e price -----------------------------------------------\ Redemption 1 and maturity v a lu e .
Period of time bond is held after issue date
y y e a r--------------------------------------------------------------------1 y e a r ______
___
_. __
\x
/i years--------------- —
___
_ ___
2 y e a r s . ------- __ ---------------------------------------2 y2 years__________
_ _________
_________
3 y e a r s ----------. _______
___ ______________
3 y2 years----------------------------------------------------- --------4 y e a r s. ------------------------------- ---------------------------years____________ ______________________________
5 y e a r s .. —
. . _________________
5/1 years-----------------------------------------------------------6 y e a r s. ------------------------------------- . _
___
years_____ —
------------------ --------- -----------_ __
7 y e a r s __________ ____________
7}^ years________________________
_
______
8 y e a r s. _______ ________________
_______
___ ___________
8 Yz years_________________________
$ 50 0
500
$1, 0 00
1, 000
$ 5, 000
5, 000
$ 10 , 0 00
10, 0 0 0
(1) Amounts of interest checks for each denomination
$4.
7.
8.
8.
8.
8.
8.
8.
8.
9.
9.
9.
9.
9.
10.
10.
10.
00
25
45
45
70
70
70
70
70
75
75
75
75
75
45
45
45
$8.
14.
16.
16.
17.
17.
17.
17.
17.
19.
19.
19.
19.
19.
20.
20.
20.
00
50
90
90
40
40
40
40
40
50
50
50
50
50
90
90
90
$40.
72.
84.
84.
87.
87.
87.
87.
87.
97.
97.
97.
97.
97.
104.
104.
104.
00
50
50
50
00
00
00
00
00
50
50
50
50
50
50
50
50
Approximate ii ivestment yield
on face value t
(2) From issue
date to each
interest pay
ment date
(3) From each
interest pay
ment date to
maturity*
Percent
Percent
$80
145
1G9
169
174
174
174
174
174
195
195
195
195
195
209
209
209
1.
2.
2.
2.
2.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
60
25
62
80
94
02
08
13
17
24
29
34
38
41
45
49
53
*3.
*3.
*3.
t3 .
f3.
|3.
f3.
f4.
f4 .
t4.
|4.
f4.
f4 .
|4.
t4.
f4.
**4.
35
38
38
88
91
95
99
03
09
11
14
17
21
27
29
31
76
Am ounts of interest checks and investment yields to m aturity on basis of December 1, 1965 revision
9 y e a r s --------------------------------------9% ye ars. _ _ _ _ _
------. .
10 years (m aturity) . . . .
.
--------------
11. 40
11. 40
12. 95
Period of time bond is held after m aturity date
Y> y e a r________—
..
_____ __ _____ __
______
1 y e a r ..
.
________
_
1 l/i years-----------------------------------------------------------------2 y e a r s ___ ______________ _
_
_____
2 y2 years _______
3 y e a r s ______ __ ----------- --------- ---- ------------3}4 years___________________________________________
4 years
---------------------- —
_ ._
_______ __
4}-i years---------------------------------------------------------------5 y e a r s _________ __________
_________________
5 % y e a r s .. __ __ _ _________ _ ______________
6 years
_______________________ _____________
6)4 years________________________________
_______
7 vears_____________________________________________
7% years___ ________•_________________ ____________
8 years . . ------------------------------ -------- --------------------8J4 years--------------- -------------- -------------------------9 y e a r s __________ __________ ___________________
___ ___________
9
years_________________ _
10 years (exten ded m aturity)2. .
____
22. 80
22. 80
25. 90
114. 00
114. 00
129. 50
228
228
259
3. 58
3. 62
3. 68
E X T E N D E D M A T U R I T Y P E R IO D
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
37
37
37
37
37
37
37
37
37
38
38
38
38
38
38
38
38
38
38
38
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
4. 8 7
5. 18
(b) To extended
maturity§
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
2 07 .
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
3.
3.
3.
3.
3
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
70
72
73
75
76
77
78
79
80
81
82
82
83
84
84
85
86
86
87
87
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
For footnotes see table 13-A.
3
TABLE 1 5 -A
B O N D S B E A R IN G IS SU E D A T E S F R O M DEC E M B E R 1, 1957 T H R O U G H
,
F
act v
Tissue price
_
u ^Redemption 1 and maturity v a lu e .
$ 50 0
5 00
$1, 000
1, 000
$5, 0 00
5, 000
$ 10 , 000
1 0 ,0 0 0
(1) Am ounts oi' interest checks for each denomination
Period of time bond is held after issue date
year___________ _______
_ __
__________ - _
_
__
1 year.
l }/2 y e a rs______ _________
_
. . _
2 years
—
-___
2 i/a y e a r s .. ...................
_ _
3 years_________________
____
___ ___
3 'A v e a r s --------------------------4 y e a r s ______
—
4V2 v e a r s . . ----------_
__
_
___
___
______
5 years
ye ars___________________________________________
6 vears .
____ ___
years
________
_
_____
7 vears
____________
_ _ .
7 } ^ v e a rs.
- .
8 ye a rs___ _____ _______
$4.
7.
8.
8.
8.
8.
8.
8.
9.
9.
9.
9.
9.
10.
10.
10.
00
25
45
70
70
70
70
70
65
65
65
65
65
35
35
35
$8.
14.
16.
17.
17.
17.
17.
17.
19.
19.
19.
19.
19.
20.
20.
20.
00
50
90
40
40
40
40
40
30
30
30
30
30
70
70
70
$40.
72.
84.
87.
87.
87.
87.
87.
96.
96.
96.
96.
96.
103.
103.
103.
00
50
50
00
00
00
00
00
50
50
50
50
50
50
50
50
M A Y 1, 1958
Approximate investment yield
on face value?:
(2) From issue
date to each
interest pay
ment date
(3) From each
interest pay
ment date to
maturity*
Percent
Percent
$80
145
169
174
174
174
174
174
193
193
193
193
193
207
207
207
1.
2.
2.
2.
2.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
60
25
62
83
96
04
10
14
22
28
33
37
40
45
49
52
*3. 35
*3. 38
f3. 88
f3. 91
f3. 94
f3. 98
f4 . 02
f4. 07
|4. 10
|4. 12
f 4 . 15
|4. 19
| 4 .2 5
|4. 27
f 4 . 29
**4 , 74
3.
3.
3.
3.
56
61
67
73
4. 9 0
5. 02
5. 02
A m ounts of interest checks and investment yields to m aturity on basis of December 1,1965 revision
10.
11.
12.
12.
8}.4 vears_ _
- - ______
9 years
------- ---------10 years (m aturity)
Period of time bond Is held after mat urity date
2j/4 v e a r s . -------------------- —
__
__
--------3 years
--------------------------------- —
—
3 ^ v e a r s. ---------------------- -------------------—
------------------------------------ _ _ __
4 years
4}/£ years ________________ _ __ _ __ 5 vears
- -------------------- ------------------------ . . _ .
5J^ ve a rs________________ ______ _______________
6 vears
______________ _______
_ -------------------------------- —
---------------------------------6>^ v e a r s.
7 years
________________ ________________ __ _
8 vears ~ ------------------ ___ _________ _________
8)-^ y e a r s .............. ............
_ --------------------9 years
_______________________ ______ __ ______
For footnotes see table 1&-A.
4
21.
23.
25.
25 .
30
40
10
10
106.
117.
125.
125.
50
00
50
50
2 13
234
251
251
E X T E N D E D M A T U R I T Y P E R IO D
y 2 y e a r-------------------------------- ---------- ------------------------................ —
1 year
1;Hj years
_ _ _ _ _ --------_
_
—
10 years (ex ten d ed maturity) 2__________
65
70
55
55
__
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
37
37
37
37
37
37
37
37
37
38
38
38
38
38
38
38
38
38
38
38
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
] 03.
103.
103.
103.
103.
103.
103.
103.
103.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
2 07 .
(b) T o extended
m aturity!
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
75
76
77
79
80
81
82
83
83
84
85
86
86
87
87
88
88
89
89
90
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
TABLE 1 6 -A
B O N D S B E A R IN G IS S U E D A T E S F R O M JU N E 1 T H R O U G H N O V E M B E R 1, 1958
Face v a lu e fIssu e price ----------------------------------------------\ Redemption 1 and maturity v a lu e .
Period of time bond is held after issue date
$50 0
500
$1, 000
1, 000
$5, 0 0 0
5, 000
$ 10 , 000
10, 000
(1) Amounts of interest checks for each denomination
Approximate investment yield
on face value J
(2) From issue
date to each
interest pay
ment date
Percent
Yz
ye ar-------------------------------------------------------------------1 y e a r . . ____ ___________________ __
1Yz y e a r s ------------------------------------------_ __
2 years
. _ -----------------------_
__ _
_____
'lYi y e a rs_________ _____________ ________
3 y e a r s ___ ______________________ _____
___
3Yz y e a r s----------------------------------------------------------------- _________________________________
4 ye ars___
4 Yz y e a r s---------------------------------------------------------------5 years.
. ________________ _________
0 Yz ye ars-------------------------------------------
----------7 years
..................... ........
7 Yz y e a rs------------------------------------------------------------
.
.
$4.
7.
8.
8.
8.
8.
8.
9.
9.
9.
9.
9.
10.
10.
10.
00
25
70
70
70
70
70
55
55
55
55
55
30
30
30
$8.
14.
17.
17.
17.
17.
17.
19.
19.
19.
19.
19.
20.
20.
20.
00
50
40
40
40
40
40
10
10
10
10
10
GO
60
60
$40.
72.
87.
87.
87.
87.
87.
95.
95.
95.
95.
95.
103.
103.
103.
00
50
00
00
00
00
00
50
50
50
50
50
00
00
00
$ 80
145
174
174
174
174
174
191
191
191
191
191
2 06
2 06
206
(3) From each
interest pay
ment date to
m aturity*
Percent
1.
2.
2.
2.
2.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
60
25
65
85
98
06
11
20
26
31
35
39
44
48
52
*3.
f3 .
t3.
f3 .
f3 .
f4 .
f4 .
|4.
|4.
f4 .
f4 .
f4.
t4.
f4.
**4 .
35
88
91
94
97
01
06
08
11
14
18
23
25
27
71
3.
3.
3.
3.
3.
56
59
66
72
4.
5.
5.
5.
84
06
06
06
Amounts of interest checks and investment yields to maturity on basis of December 1,1965 revision
8 years —
------------------- ---8 Yz y e a r s .. ----------- . —
. .
9 years_____________________________
m
years
_______
_____
10 years (m aturity) _
______
_ _ _
_ .
_______
_
10.
10.
12.
12.
12.
Period of time bond is held after maturity date
Yz
ye a r-------------------------------------------------------------------1 year .
. -------------------—
_
______
1Yz years . . ----------------------------------- -----------------2 y e a r s ------------- ----------------------------- -------------------2Yz y e a r s ------------------------------------------- _
_____
3 ye ars------- ------------------------------------ ---------------------3 Yz y e a r s .. . — ....................................... .................
4 vears . . --------------------------------------------- -------------\Yz vears--------------------------------------- ------------------------5 years
---------------------------------------------------------------bYz years ........................................................
.........
6 years___________________________ . _________ ____
(SYz ye ars_______ ________ ________ _________________
7 years____________- .............................. ............ ...........
7 Yz years----------- ------------------------- i.------------------------8 vears..................... ............................ L. —
-------------8 Yz y e ars........... .. .............................1 — ......................
9 ‘ y ears_______ . J .'_______________ _________________
10 years (extended maturity)2.
_____________
55
55
65
65
65
21.
21.
25.
25.
2 5.
10
10
30
30
30
105.
105.
126.
126.
126.
50
50
50
50
50
211
211
253
253
2 53
78
E X T E N D E D M A T U R I T Y P E R IO D
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
37
37
37
37
37
37
37
37
37
38
38
38
38
38
38
38
38
38
38
38
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
2 0.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
(b) T o extended
m aturity §
207.
2 07.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
2 07.
207.
2 07 .
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
79
80
82
83
84
85
85
86
87
88
88
89
89
90
90
91
91
92
92
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
3. 93
For footnotes see table 13-A.
5
TABLE 1 7 -A
B O N D S B E A R IN G IS S U E D A T E S F R O M
F are v a f u e /Issu e price -------------------------- ---------------\Redemption i and maturity v a lu e .
Period of time bond is held after issue date
$ 50 0
500
D E C E M B E R 1, 1958 T H R O U G H M A Y 1, 1959
$1, 000
1, 000
$ 5, 0 00
5, 000
$ 10 , 000
10, 000
(1) Amounts of interest checks for each denomination
Approximate iiivestment yield
on face value i
(2) From issue
date to each
interest pay
ment date
Percent
V-2. y e a r----------------------- ------------------
----------- ---_
1 y e a r________________________________
______
1 / 1 y e a rs___________ __
___ __
_ _
_________
___________________
__________
2 ye ars__________
2 ) 1 y e a r s--------------------------- -----------_ ----------3 y e a r s ________________
______ __
___ __ _
_________ _______
_______ ________
3 }i y e a r s .
4 v e a r s _________
______ _ _____ ____________
4)<j y e a r s __________
_______ _____________________
_ _ __________ _
5 y e a r s ___ __________________
5% y e a rs------_ _ ---- ---------- ---_ __
_______
6 v e a r s --------- ------------------ ---------- ------------ -------6 / 1 y e a r s ____ _______
___
_____
_ __ __
7 years __ ------------------------------------------------------
$4.
7.
8.
8.
8.
8.
9.
9.
9.
9.
9.
10.
10.
10.
00
50
70
70
70
70
45
45
45
45
45
25
25
25
$ 8.
15.
17.
17.
17.
17.
18.
18.
18.
18.
18.
20.
20.
20.
00
00
40
40
40
40
90
90
90
90
90
50
50
50
$40.
75.
87.
87.
87.
87.
94.
94.
94.
94.
94.
102.
102.
102.
00
$80
150
174
174
174
174
189
189
189
189
189
205
205
205
00
00
00
00
00
50
50
50
50
50
50
50
50
(3) From each
interest pay
ment date to
maturity*
Percent
1.
2.
2.
2.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
60
30
00
07
17
24
30
34
38
43
48
52
3.
3.
3.
3.
3.
3.
56
59
62
70
76
83
68
88
f3.
f3.
f3.
f3 .
f4.
|4.
f4
f4.
f4.
f4 .
f4 .
|4.
f4.
** 4 .
85
91
94
97
14
18
23
24
26
70
4.
4.
5.
5.
5.
81
97
24
24
24
01
05
08
10
Am ounts of interest checks and investment yields to m aturity on basis of December 1, 1965 revision
y e a r s __________________________________________
8 ve ars___
__ _______ ______________
_________
8 ) 1 y e a r s ___ _ ___________________________________
9 years
_ ___
_______
__ _
______
9)4 y e a r s . ------------------------------------------------------------10 years ^ m a t u r i t y ) .___
_ _
10.
10.
10.
13.
13.
13.
Period of time bond is held after maturity date
]4 vear
_
__
----------- _
_ —
__ —
1 y e a r __________ ___________ _
_
_ —
_
1 y<i y e a r s__________________________ _________
2 vears __________ ______________ _ __________ __
2 )4 y e a r s _______________
_
__________
_______
3 y e a r s ____________ _ _________ ________ __
3)4 y e a r s_________
_
_ _________
______
4 years
_________________ ______
___ __ _
4)4 y e a r s ____________ ________ __ ___________ _____
t> years
_ __ ______________
_
______ __
5)i> y e a r s ___________________
______ ______________
6 vears --------------------------------------------------------------- _
6)4 y e a r s . ------------ ------------------------------------ -----------7 y e a r s ------- ---------- -------------------------------------- ---------7 / 2 v e a r s---------------------------------------------------------------8 years —
-------------------- -------------------- ----------8)2 y e a rs___________
_ _ _ _ _ --------- —
_
9 years _ _ -------------------------------------------------- —
9)4 y e a r s---------- ----------------_ _ ----------- -----------10 years (ex ten d ed m a tu rity)2. ____
50
50
50
10
10
10
2 1 . 00
2 1 . 00
2 1 . 00
26. 2 0
26. 2 0
2 6. 20
105.
105.
105.
131.
131.
131.
00
00
00
00
210
210
210
262
262
262
00
00
E X T E N D E D M A T U R I T Y P E R IO D
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
10.
37
37
37
37
37
37
37
37
37
38
38
38
38
38
38
38
38
38
38
38
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
2 0.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
103.
1 03.
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
75
(b) To extended
m aturity!
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
207.
2 07 .
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
50
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
3.
84
85
86
87
88
89
89
90
91
91
92
92
93
93
94
94
94
95
95
95
For footnotes see table 13-A .
6
U .S. GOVERNMENT PRINTING O F F IC E : 1966
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
4.
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
15
@FedFRASER