Purchase Paper Savings Bonds

Dec 16, 2011. NEW YORK (CNNMoney) -- This holiday season is your last chance to stop by the bank and buy a paper savings bond, either for yourself or your loved ones. Starting Jan. 1, youll no longer be able to purchase paper savings bonds at banks or other financial institutions. Instead, the savings bonds, which. Savings bonds are bonds sold by the U.S. Treasury. The U.S. Treasury has issued many different series of savings bonds over the years, but only I Bonds and EE Bonds are available for purchase today. How it works (Example). Savings bonds come in either paper or electronic form and can be purchased from most. Jul 19, 2011. The Treasury announced last week that, in order to save money, theyre going to stop selling paper saving bonds after Jan 2012. Gone will be the days when a grandparent could walk down to the bank and sock away 50 every year to make an ironclad investment for their grandchildren. But there is a bit of. Jan 30, 2018 Savings Bonds As Gifts. As of January 1, 2012, paper savings bonds are no longer sold at financial institutions. This action supports Treasurys goal to.

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