1. Regulations
  2. title 31
  3. chapter II
  4. part 351
  5. subpart B
  6. subjgrp 12
  7. § 351.8

View all text of Subjgrp 12 [§ 351.5 - § 351.18]

§ 351.8 - When is interest payable on Series EE savings bonds?

Interest on a bond accrues and becomes part of the redemption value. Interest earnings are payable upon redemption.

AUTHORITY: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3105.

SOURCE: 68 FR 24796, May 8, 2003, unless otherwise noted.

CITE AS: 31 CFR 351.8