![]() ![]() The last E bonds stopped earning interest in 2010. Real estate auctions are typically online 3-4 weeks depending on the real estate. The Series E bond was replaced by the Series EE bond in 1980. Our auctions are typically online 7-10 days allowing bids to be placed during that entire time frame. Originally issued for a fixed term of 10 years, E bonds were granted interest extensions that brought their interest-bearing lives to 30 or 40 years, dependent upon the issue date of the bond. As the "Defense Bond" of 1941, the "War Bond" of 1942-45 and subsequently just the savings bond- it was purchased by tens of millions of families. It became the most durable of all the series and the world's most widely held security. The Series E bond was patterned after its predecessors. Savings Bonds Volunteer Committee which, from 1963 through 2003, played an essential role in the success of the payroll savings plan. Of special note are the executives of many Fortune 500 companies who served as members of the U.S. ![]() The volunteer program enlisted the nation's financial institutions, community leaders, volunteer committees, and advertising and communications media to promote the new bond.īankers, business executives, newspaper publishers, Hollywood entertainers, all served to provide the Treasury and the savings bonds program with manpower and support, making the program a success for more than six decades. On May 1, 1941, the Series E bond was introduced, and with it the start of a national volunteer program. As a result, Treasury decided early in 1941 to expand its savings program by enlisting the help of volunteers. Treasury was encouraged by the successful start of the savings bond experiment, but recognized the need for a much larger effort in the face of heavy defense expenditures, a rapidly-expanding debt, and the growing threat of inflation. The Series A to D bonds were sold through post offices and promoted chiefly through direct mail and limited magazine advertising. The Volunteer Program and Series E Savings Bonds ![]()
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