Code of Federal Regulations · Section

§ 351.70 — How Are Redemption Values Calculated For Book-entry Series Ee Savings Bonds?

31 C.F.R. § 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].