Where Do the Proceeds from Patriot Bonds Go?
Patriot Bonds are purchased over-the-counter at banks, credit unions and other such financial institutions.Sorry, bidding has ended on this item.You are the current highest bidder!Leave a bid now!2008 - you can purchase a maximum face value of 10,000 (5,000 cash-purchase sex treff ohne anmeldung value) in EE bonds (Patriot Bonds) a year.The second component is a variable rate thatâ s set per year and is currently.5 percent.Monies for both war-time spending and other federal government spending draw from this general fund, which may contribute to fighting the war on terrorism.You can contact the auctioneer on for more information.Interest rates for Series EE bonds are 90 percent of the average interest rate on five-year Treasury securities.General Fund and are not specifically earmarked for any particular war-time spending or program funding.They are identical in every way to the paper EE Savings Bonds except that any EE Bond purchased through financial institutions after December 10, 2001 has the words "Patriot Bond" printed on the top half of the bond between the Social Security Number and the.Series HH bonds were available in denominations of 500, 1,000, 5,000 and 10,000.Maturity of a Patriot Bond, patriot bonds earn interest for 30 years from their issue date.You have been outbid.Taxation on Interest, there is no state or local income tax on the interest earned.The series HH bonds were put stop in August 2004.Patriot Bonds are simply Series EE Bonds which have the name "Patriot Bond" stamped on them.Savings certificates are issued by the US government.You need to be registered and approved to bid at this auction.For the best chance of winning, increase your maximum bid.
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