In Brief: Nov. 22, 1999

BONDS ON THE RISE Interest rates on savings bonds, the ultimate safe investment, were recently reset. Series EE savings bonds issued after May 1997 are now earning 5.19% interest, up from the 4.31% they were earning in May. The Treasury Department just unveiled an online purchasing program at WWW.SAVINGSBONDS.GOV. You can purchase the bonds with either a MasterCard or Visa. Careful. You will pay more in interest on the cards than you will earn on the bonds if you carry a balance.

EE SAVINGS BONDS The rates of the series EE savings bonds since May '97

In percents

May '97 5.68...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!