Code of Federal Regulations · Section
§ 321.12 — Redemption Value Of Securities
31 C.F.R. § 321.12
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The redemption value of each savings security is determined by the terms of its offering and the length of time it has been outstanding. The Bureau of the Fiscal Service determines redemption values for Series A-E bonds, eligible Series EE and I bonds, and savings notes, that should be used in redeeming savings securities.
Authorizing Statute
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Savings bonds and savings certificates31 U.S.C. § 3105
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Departmental regulations5 U.S.C. § 301
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General authority of the Secretary31 U.S.C. § 321