Kokua Line

By Gregg K. Kakesako

Friday, September 20, 1996


Tables make calculating
savings bond values easy

I have several Series E Savings Bonds which were purchased many years ago. Can you help me to find out when I should cash them in to get the full interest amount?

Lisa Halverson of First Hawaiian Bank says the Series E Savings Bonds were issued between May 1941 and June 1980. She said that any bank branch has redemption tables which you can use to tabulate the current value of your savings bonds.

When you purchased your savings bond, you paid only one half of its face value. In other words, if you purchased a $50 bond, you paid $25. It reaches its face value in 18 years if the bond was purchased after March 1993 and continues to draw additional interest. Bonds purchased between November 1986 and February 1993 take 12 years to reach face value. The maximum life of a bond ranges from 30 to 40 years depending upon when it was purchased. Although most banks should have this information or redemption tables, for more detailed information or other questions contact the Federal Reserve at 1-800-333-2919.



Mahalo

"To the honest Marukai shopper who on Sept. 15 returned to the customer service counter my valuable bag of meats that I had carelessly left at the bagging station. May you be blessed with many more honest gestures." - Susan.



Auwe!!!

"To the lady sitting beside me in seat N39 on Sept. 15 at the 2 p.m. showing of Les Miserables. I paid a lot of money for tickets for me and my parents to see it. I expected to hear the performers sing, not your humming. I constantly tried to shush you, but you didn't listen. I thought that was very rude of you. Granted you were enjoying it, but be courteous to the other people around you." - Joyce Kamiya.



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Need help with problems? Call Kokua Line at 525-8686, fax 525-6711, or write to P.O. Box 3080, Honolulu 96802. Email to kokualine@starbulletin.com




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