Sale of HH U.S. Saving Bonds ends in August

From: The Milwaukee Journal Sentinel | Date: February 19, 2004| Author: AVRUM D. LANK | Copyright information

Sale of HH U.S. Saving Bonds ends in August

By AVRUM D. LANK alank@journalsentinel.com, Journal Sentinel

Thursday, February 19, 2004

The sale of HH U.S. Savings Bonds will end Aug. 31, the Treasury Department announced Wednesday.

The action had been expected. Last May the government said it intended to stop selling HHs sometime this year because the administrative costs of the program were too high and sales of the bonds had fallen off.

In making the announce...

Related newspaper, magazine, and journal articles from HighBeam Research

Savings bonds not flashy but are safe investments
Deseret News (Salt Lake City) ; WASHINGTON -- Barbara Reinike calls her stash of savings bonds "my safe haven," a ready source of cash for big-ticket items such as a house or car. "I would cash them in and use the proceeds for those reasons," says Reinike, who says she is over 60. She says she has been buying the bonds for nearly
Treasury Department to End Sale of HH U.S. Savings Bonds.
The Milwaukee Journal Sentinel (Milwaukee, Wisconsin) (via Knight-Ridder/Tribune Business News) ; ... which dated to the early '50s, Hollenbach said. To see more of the Milwaukee Journal Sentinel, or to subscribe to the newspaper, go to http://www.jsonline.com. (c) 2004, Milwaukee Journal Sentinel. Distributed by Knight Ridder/Tribune Business News.
U.S. savings bonds called 'safe haven'
Charleston Gazette ; WASHINGTON - Barbara Reinike calls her stash of savings bonds "my safe haven," a ready source of cash for big-ticket items such as a house or car. "I would cash them in and use the proceeds for those reasons," says Reinike, who says she is over 60. She says she has been buying the bonds for nearly
Lower Rate Cuts Demand for Savings Bonds
Chicago Sun-Times ; The 54-year-old U.S. Savings Bond program received a face lift earlier this year - but the bonds aren't as attractive as they used to be, experts say. And some investors agree. Between May and August, the Treasury sold $2.1 billion in savings bonds, a 20 percent drop from the year-ago period.
MONEY MONDAY: Rock solid; U.S. savings bonds offer safety, tax benefits
New Haven Register ; In an uncertain world, some people are looking for certainty - especially when it comes to their investments. There are many safe investments - corporate bonds, certificates of deposit and money market funds come to mind. But perhaps the safest investment, short of stashing your cash in a vault, is