How are redemption values calculated for book-entry Series EE savings bonds?

  1. Law
  2. CFR 31
  3. Money and Finance: Treasury
  4. Regulations Relating to Money and Finance
  5. Fiscal Service, Department of the Treasury
  6. Bureau of the Fiscal Service
  7. Offering of United States Savings Bonds, Series EE
  8. Book-entry Series EE Savings Bonds
  9. How are redemption values calculated for book-entry Series EE savings bonds?

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§ 351.70 How are redemption values calculated for book-entry Series EE savings bonds?

We base current redemption values (CRV) for book-entry Series EE savings bonds on the definitive savings bond CRV. We use the CRV for a $100 principal amount as calculated in § 351.16 to calculate a CRV prorated to the book-entry principal investment amount for the corresponding issue and redemption dates. Calculated book-entry CRV will be rounded to the nearest one cent.[2] The formula is as follows:

[Book-entry principal investment ÷ $100] × [CRV value for $100 principal amount].

[68 FR 24796, May 8, 2003, as amended at 75 FR 52460, Aug. 26, 2010]

Footnotes - 351.70

[2] Example: Calculated value of $25.044 rounds to $25.04; calculated value of $25.045 rounds to $25.05.


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