31 Money and Finance: Treasury 2 2007-07-01 2007-07-01 false How are redemption values calculated for book-entry Series EE savings bonds? 351.70 Section 351.70 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) FISCAL SERVICE, DEPARTMENT OF THE TREASURY BUREAU OF THE PUBLIC DEBT OFFERING OF UNITED STATES SAVINGS BONDS, SERIES EE Book-Entry Series EE Savings Bonds
§ 351.70 How are redemption values calculated for book-entry Series EE savings bonds?

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.3 The formula is as follows:

3 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].