GroundRules
31 CFR 359.55: How are redemption values calculated for book-entry Series I savings bonds?
Where this section sits in the code
- Title 31—Money and Finance: Treasury
- Subtitle B—Regulations Relating to Money and Finance
- CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY
- SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE
- PART 359—OFFERING OF UNITED STATES SAVINGS BONDS, SERIES I
- Subpart C—Book-Entry Series I Savings Bonds
We base current redemption values (CRV) for book-entry Series I savings bonds on the definitive savings bonds CRV. To calculate the book-entry values, we use the CRV for the $100 denomination Series I savings bonds and calculate a CRV prorated to the book-entry par investment amount for the corresponding issue and redemption dates. Calculated book-entry CRV will be rounded to the nearest one cent. 4 The formula is as follows (Examples of the calculation are given in appendix A to part 359.):
[Book-entry par investment ÷ 100] × [CRV value for $100 bond].
Collected 2026-08-27T02:25:25Z. Source file · JSON