Savings Bond Sales Up 3%: Sales of...
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From Times Staff and Wire Service Reports
Savings Bond Sales Up 3%: Sales of U.S. savings bonds totaled $593 million in December, bringing to $7.64 billion the total amount of sales for the year, the Treasury Department reported. The 3% increase of sales over calendar 1988 also increased the amount of bonds held by the public to a record $117.7 billion. Savings bonds currently earn interest at a rate of 6.98% when held five years or longer.
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