Savings Bond Sales Set Record
- Share via
Associated Press
WASHINGTON — Savings bonds held by 30 million Americans hit a record $100 billion in November as sales climbed by 11.5% over the pace in October, the month of “Black Monday’s” stock market crash, the government reported today.
The Treasury Department said sales totaled $543 million last month, up substantially from October when $487 million in new bonds were sold. A total of $378 million in bonds were redeemed last month. The current interest rate is 7.17%, effective through next April.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
