1. LawStack
  2. Title 31 - Money and Finance: Treasury
  3. Subtitle B - Regulations Relating to Money and Finance
  4. Chapter II - Fiscal Service, Department of the Treasury
  5. Subchapter A - Bureau of the Fiscal Service
  6. Part 351 - Offering of United States Savings Bonds, Series EE
  7. Subpart D - Book-entry Series EE Savings Bonds
  8. 31 CFR § 351.70
31 CFR § 351.70
How are redemption values calculated for book-entry Series EE savings bonds?
July 31, 2023
CFR
Editorial Note on Subchapter A of Chapter II

Editorial Note:

Nomenclature changes to subchapter A appear at 78 FR 60697, Oct. 2, 2013.

§ 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.[2] The formula is as follows:

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

[68 FR 24796, May 8, 2003, as amended at 75 FR 52460, Aug. 26, 2010]

Footnotes - 351.70

[2] Example: Calculated value of $25.044 rounds to $25.04; calculated value of $25.045 rounds to $25.05.

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§ 351.69 When is a book-entry Series EE savings bond validly issued?
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§ 351.71 How can I find out what my book-entry Series EE savings bonds are worth?

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