No. of Recommendations: 0
I just visited the savings bond site to purchase an I Bond and there was a note that any bonds purchased today may have a November issue date.I thought as long as the purchase was made in a given month,no matter how late in the month,the issue date would show that month.Any comments?

From :

Q: If I buy a bond at the end of the month, what issue date appears on the bond?
A: The issue date of your savings bond indicates the month and year the bond starts earning interest. It's printed in the upper right hand corner of the bond. Usually, if you buy a bond during the month of February 1999, the issue date is printed as "February 1999" on the bond. However, if you buy the bond at the end of the month, your bond's issue date may be the following month. For example, if you buy a bond on February 28, 1999, your bond's issue date will probably be March 1999. The savings bond issue date is determined by the date we receive funds from the credit card association. This usually happens quickly--within 1-2 business days--so it only affects end-of-month purchases.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.