The Independent-News, Volume 100, Number 35, Walkerton, St. Joseph County, 28 March 1974 — Page 9

New higher interest rate on US. Savings Bonds.

Now U. S. Savings Bonds pay 6% interest when held to maturity. Here’s how it works: The higher interest rate applies to all new Bonds purchased since December 1,1973, raising their rate from 5 1 2% to 6% when held to maturity. And the maturity period on Series E Bonds is shorter, too. Now E Bonds mature in 5 years, with a first-year rate of 412%. Series H Bonds, with a 10-year maturity, will earn 5% the first year; 5.8% for the next four years; and QV2% for the last five years. This gives you an average 6% yield over the 10-year period. It works for Bonds you now hold, too. There’s no reason to redeem your older Bonds to buy new ones.

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Their yield has improved, too. All outstanding h Bonds will receive a 12% increase in yield for each semiannual interest period beginning on or after December 1,1973, payable upon t redemption. This also applies to any Freedom Shares you may still hold, -w All outstanding H Bonds will receive a ’/2% yield increase for each semiannual interest period beginning on or after December 1,1973. This is payable in - the form of increased semiannual interest payments. It all works to your advantage. Now. more than ever,

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it makes sense to buy higher-paying U. S. Savings Bonds and hold them to maturity or beyond. Sign up now to buy Bonds through the Payroll Savings Plan where you work, or buy them where you bank. Take stock in America. It’s in your interest. Take^y . stock; iny^menca. Join the Payroll Savings Plan.

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