Pleasant Grove Review | 1935-03-08 | Page 1 | Postoffice will Sell Government Bab Y Bonds

Fostoffice Will Sell Government Baby Bonds United States Savings Bonds, more commonly known as "Baby Bonds," are on sale at the local postoffice. Although the bonds bear- no lixed interest rate, because 'of the difference differ-ence between their purchase price and the amount that will be paid upon maturity, they will yield about 2.9 percent. The purchase price of the bonds is stt at $18.75, for $25.00 maturity value, $37.50 for $50.00, $75.-00 $75.-00 for $100.00 bond, $375 for $500.00 and $750.00 for $1000.00 denominations. denomina-tions. The bonds will mature and be payable ten years from date of issue. They may be redeemed prior to maturity, ma-turity, but not within 60 days of issue date. If redeemed before maturity ma-turity the interest yield will be less and at a schedule set by the treasury department.