Fiscal Year 2005 Savings Bond investments down 12.5%

Thursday, October 27th, 2005
Categorized as: Savings Bond investment rate

Savings Bond investments in Fiscal Year 2005 (Oct 2004-Sep 2005) were $6,306 million, down 12.5% from the previous fiscal year and the lowest fiscal year total since four years ago in FY-2000.

For the year, Series I Bonds accounted for 59.7% of the investment and Series EE bonds the remainder. The I Bond share was up slightly from last year’s 58.3%, but well below the share of the previous two years, which peaked in FY-2003 at 67.6%.

Savings Bond Advisor readers can see an online updated monthly sales chart. Check your Book Notes.

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FDIC Insured Certificates of Deposit can pay 1 or 2% more than savings bonds when held for a similar length of time. See top CD Rates Below:

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