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What Are War Bonds: Definition and History

By Robin Hartill, CFP – Oct 30, 2024 at 11:43AM

Key Points

  • War bonds funded military efforts and controlled wartime inflation by drawing public investments.
  • Investors bought war bonds at a discount, then redeemed them at face value at maturity for profit.
  • Series E war bonds, first issued during World War II, can still be redeemed today using Treasury tools.
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