Show savings bonds loaia kaia t av president Elsen eisenhower hower in sign agi ing the law raising int interest e res t rates on series JE and if ba savings d bonds said in a comparatively short span ot of years the US savings bonds program has become an integral pa part of the american way of life it has aught countless americans how to td save today over 40 million people own more than 41 billion in ceries aeries E and H bonds we want to see ee more people continually buying more bonds so that savings bonds bono will provide even eved greater financial protection and at the name same time help assure the economic stability of our country I 1 invite every citizen to take advantage of investing in the now better than ever united states savings bonds briw Z toads the new 1 IS bonds wiil yield percent per annum coin com pounded semi annually when held to maturity ot of 0 years yom and I 1 month with much higher whet redemption demp tion yahiel in the tho early carly yea years rea re a 3 PC percent reent yield in 3 years 2 ah percent serl aru H bonds ponds the 11 bond has also PUP been improved in that it pays by semiannual check interest to 2 25 p percent novt the Is lt year and then pays at the rate of percent per pv annum the following 9 years to maturity these inc increased reaped rates apply to all E and H bonds purchased on and after february 1 1057 1957 even though as an economy measure bonds stock now on hand will be used the th data date of the bond is the determining factor therefore it is not necessary to have new bonds issued though that can be done if desired when the new bond material become available old even though the new bonds will carry a higher interest yield in most c cakes it will not be advantageous to cah cash bonds for reinvestment in new bonds considering the time and effort required for instance a aloo bond issued within the last year on its year anniversary would have a cash value of one year later if it would be worth if 11 cashed 73 20 two yar from now 3 years 4 4 years if it cabb caw ed the let year it would provide over the 79 75 needed to invest in a new bond but the new bond would not catch up to cash value af the old one until the fth year in addition ohp pa PW bond would mature to three months eil thail ahja new one so in most cases ii Is advisably advis ablo to hold ft 91 PW 4 bondi all E bonds as they mature if left as 3 they are add 3 percent compounded semiannual semi annual interest to their face value payable when whet redeemed tor for aa as long as 10 bews |