Series E Bond

DEFINITION of 'Series E Bond'

Accrual bonds that were issued at 75% of the face amount. Interest is paid at redemption as part of the redemption value. Series E Bond interest is reportable for Federal income tax purposes for the year in which the Series E Bonds are redeemed, reach final maturity or are otherwise disposed of, whichever occurs earliest. Replaced with Series EE Bond in 1980.




BREAKING DOWN 'Series E Bond'

The series E Bond is the one most associated with World War II war bonds. The first Series E Bond was sold to President Franklin D. Roosevelt.





RELATED TERMS
  1. Freedom Shares

    Original issue discount bonds issued by the U.S. Treasury from ...
  2. Series EE Bond

    A non-marketable, interest-bearing U.S. government savings bond ...
  3. Callable Bond

    A bond that can be redeemed by the issuer prior to its maturity. ...
  4. U.S. Savings Bonds

    A U.S. government savings bond that offers a fixed rate of interest ...
  5. Term Bond

    Bonds from the same issue that share the same maturity dates. ...
  6. Savings Bond Plan

    A program that allows employees to purchase U.S. savings bonds, ...
Related Articles
  1. Professionals

    Series EE, HH and I Bonds

    Series EE, HH and I Bonds
  2. Investing Basics

    What Taxable Interest Must Bond Investors Report?

    Many factors impact the amount of taxable interest bond investors must report.
  3. Home & Auto

    How To Choose The Right Bond For You

    Bond investing is a stable and low-risk way to diversify a portfolio. However, knowing which types of bonds are right for you is not always easy.
  4. Investing Basics

    Understanding Redemption

    In the investing world, redemption refers to cashing out the value of bonds or mutual funds.
  5. Professionals

    Series H, HH and I

    Series H, HH and I
  6. Bonds & Fixed Income

    How To Evaluate Bond Performance

    Learn about how investors should evaluate bond performance. See how the maturity of a bond can impact its exposure to interest rate risk.
  7. Professionals

    Agency Issues and U.S. Savings Bonds

    FINRA Series 6 Exam Study Guide - Agency Issues and U.S. Savings Bonds. Deals with agency securities issued by federal and GSEs. Also discuss the main types of non-marketable US government bonds ...
  8. Professionals

    Types Of Bonds

    We look at the many types of bonds and explain what differentiates them from each other.
  9. Taxes

    Taxation Rules For Bond Investors

    Several factors affect the taxable interest that must be reported. Learn more here.
  10. Retirement

    Analyzing The Best Retirement Plans And Investment Options: Bonds

    What they are: Debt securities in which you lend money to an issuer (such as a corporation or government) in exchange for interest payments and the future repayment of the bond’s face value. ...
RELATED FAQS
  1. How long will it take for a bond to reach its face value?

    Learn when different savings bonds reach face value, and determine the best time to cash them in to get the highest return ... Read Answer >>
  2. How long will it take for a savings bond to reach its face value?

    Learn essential information about U.S. savings bonds along with an explanation of the unique characteristics of this popular ... Read Answer >>
  3. Why is my bond worth less than face value?

    Find out how bonds can be issued or traded for less than their listed face values, and learn what causes bond prices to fluctuate ... Read Answer >>
  4. What determines the price of a bond in the open market?

    Learn more about some of the factors that influence the valuation of bonds on the open market, and why bond prices and yields ... Read Answer >>
  5. What happens to the price of a premium bond as it approaches maturity?

    Learn how bonds trade in regard to premiums and discounts, and how bond prices shift closer to par value as bonds approach ... Read Answer >>
  6. How does face value differ from the price of a bond?

    Discover how bonds are traded as investment securities and understand the various terms used in bond trading, including par ... Read Answer >>
Hot Definitions
  1. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  4. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  5. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
  6. DuPont Analysis

    A method of performance measurement that was started by the DuPont Corporation in the 1920s. With this method, assets are ...
Trading Center