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Code · CFR · Title 31 — Money and Finance: Treasury · Part 351 · § 351.70

§ 351.70. How are redemption values calculated for book-entry Series EE savings bonds?

110 words·~1 min read·/us/cfr/t31/s§ 351.70·

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We base current redemption values
(CRV)for book-entry Series EE savings bonds on the definitive savings bond CRV. We use the CRV for a \$100 principal amount as calculated in § 351.16 to calculate a CRV prorated to the book-entry principal investment amount for the corresponding issue and redemption dates. Calculated book-entry CRV will be rounded to the nearest one cent. 2 The formula is as follows: 2 Example: Calculated value of \$25.044 rounds to \$25.04; calculated value of \$25.045 rounds to \$25.05. \[Book-entry principal investment ÷ \$100\] × \[CRV value for \$100 principal amount\]. \[68 FR 24796, May 8, 2003, as amended at 75 FR 52460, Aug. 26, 2010\]
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