Nonmarketable US Government Securities Flashcards
1
Q
Series EE
A
Earn a fixed-rate of interest for 30 years, issued at FV, $25 denominations, min. 1 year (incurs 3 month interest charge until 5 years), interest is compounded monthly and only taxable federally
2
Q
Series HH
A
Only obtained in exchange for maturing EEs but now discontinued
3
Q
Series I
A
Provides protection against purchasing power by earning a real rate of interest. Accrual security (interest added to principal every month but not paid out into maturity)