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When buying a United States saving bond you have to sign papers. This savings bond is there to keep until you come to age.

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Ressie Okuneva

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3y ago

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When you buy a United States saving bond you?

When buying a United States saving bond you have to sign papers. This savings bond is there to keep until you come to age.


What is occurring when you buy a united States savings bond?

you are loaning money to the government


How do you buy a savings bond?

Go to the bank with your Id and social security number and tell them you want to buy a savings bond


How do you buy savings bonds?

Go to the bank with your Id and social security number and tell them you want to buy a savings bond


When you buy a U.S. government savings bond you're doing so under the power given to?

When you buy a U.S. government savings bond, you are doing so under the power granted to the federal government by the Constitution, specifically the authority to borrow money on the credit of the United States. This process allows the government to finance various expenditures and manage its debt. Savings bonds are a way for individuals to lend money to the government in exchange for interest, contributing to national funding while also providing a secure investment option for savers.


What happens to your money when you buy a savings bond?

The bond's value increases over a period of time until you decide to cash it in.


When you buy a US government savings bond youre doing so?

borrow money


What happens to your money when you buy a US Savings bond?

The bond's value increases over a period of time until you decide to cash it in.


How do I buy a US savings bond?

You will need to go the US bond website and you can purchase the bond online. You will need to get the information of the person you are getting it to and what the age of the person.


How do savings bonds work?

When you buy a savings bond, you get a coupon payment periodically during the lifetime of the bond (typically 3%-4% of the face value), and when the bond matures, you get the original amount of money you paid back as well as the final coupon payment.


How do you buy a fifty dollar savings bond?

Savings bonds can only be bought from the US Treasury. See link below for the Treasury's web page explaining about buying savings bonds.


What does OR on a us savings bond mean?

Ok when you buy a saving bond you are giving money to the US and over time you are expected to get more money out of the savings bond than you bought it for. Like you bought a $10 saving bond 20 years ago. When you go to cash it in you expect to get $35. But im not sure about the rates.