A Savings Bond issued at a discount from par par with a fixed rate of interest,...
A Series EE bond is a piece of paper that shows you've agreed to lend money to the U.S. Government. The government agrees to pay you back with extra money ( interest) when you decide to turn in your bond. If you go to a bank to buy a bond, a Series EE bond is one kind of bond you can buy there. Click here to see what a bond looks like.
See: Savings bond
A type of debt issue that is backed by the full faith and credit of the United States Government. They are 30-year investments that are issued at a discount and mature at face value. These bonds are noncallable, nontransferable, and must be fully registered. The appreciation of the bond is considered interest income that is subject to federal tax, but exempt from state and local tax. This income can be reported annually as it accrues or can be deferred until the bond is cashed in or reaches final maturity.
U.S. Government savings bond with a 10-year maturity and face value of $50 to $10,000. It has properties of a zero coupon bond since it is purchased at a discount
U.S. government bonds issued in denominations of $50 to $10,000 at a discount.