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Savings bonds are safe and easy to buy, but you can earn higher interest income elsewhere. ... Savings bond. Corporate bond. Interest. Yields are typically lower than corporate bonds, such as 3 ...
When you buy a savings bond, you loan money to the U.S. government in exchange for a return at a future date. Essentially, savings bonds are debt securities that fund U.S. government spending.
President Franklin D. Roosevelt buys the first Series E bond (May 1, 1941). On February 1, 1935, President Franklin D. Roosevelt signed legislation that allowed the U.S. Department of the Treasury to sell a new type of security, called the savings bond, to encourage saving during the Great Depression.
Each year, one person can only buy $10,000 in electronic I bonds and $5,000 in paper bonds. In total, this amounts to $15,000 worth of I bonds for each person per year.
However, the switch to electronic bonds did not significantly impact overall bond sales, as reported by the Government Accountability Office in 2015: "the decline in savings bond purchases after Treasury discontinued the sale of paper savings bonds in January 2012 was consistent with the overall long-term decline in savings bond purchases". [1 ...
Buying bonds directly from the U.S. Treasury: The U.S. federal government allows you to buy Treasury bonds directly through a service called Treasury Direct. This allows you to avoid a middleman ...