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31 C.F.R. § 351.70   How are redemption values calculated for book-entry Series EE savings bonds?

Title 31 - Money and Finance: Treasury

Title 31: Money and Finance: Treasury
PART 351—OFFERING OF UNITED STATES SAVINGS BONDS, SERIES EE
Subpart D—Book-Entry Series EE Savings Bonds

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§ 351.70   How are redemption values calculated for book-entry Series EE savings bonds?

We base current redemption values (CRV) for book-entry Series EE savings bonds on the definitive savings bond CRV. We use the CRV for a $100 principal amount as calculated in §351.16 to calculate a CRV prorated to the book-entry principal investment amount for the corresponding issue and redemption dates. Calculated book-entry CRV will be rounded to the nearest one cent.³ The formula is as follows:

³ Example: Calculated value of $25.044 rounds to $25.04; calculated value of $25.045 rounds to $25.05.

[Book-entry principal investment ÷ $100] × [CRV value for $100 principal amount].

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