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Author: Mark0Young Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35387  
Subject: Re: converting paper bonds.... Date: 3/2/2005 1:56 PM
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I was thinking it was probably about time I convert my paper bonds to electronic bonds.

When I log on to my TreasuryDirect account and click on "What's New", the second "What's New" page lists "Convert Your Paper Bonds" under "What's Next", that is, this feature isn't generally available yet. When I go to "Account Info", the bottom of the page has "Invite to Convert: No", which sounds to me like they may be allowing some people to convert paper savings bonds to "book entry" form as a limited test.

I found a page that lists the email addresses where you can email questions: http://www.treasurydirect.gov/indiv/help/help.htm

According to http://www.publicdebt.treas.gov/sav/sbregfaq.htm#eliminating you will be able to convert EE-Bonds and I-Bonds in the future:

4. Will owners of paper EE and I bonds be required to open a TreasuryDirect account?

Owners of paper savings bonds may continue to hold them in that form, but Treasury will add a convenient feature to TreasuryDirect to encourage them to convert their holdings to electronic form, if they choose. Owners of HH/H bonds will not be able to convert their bonds to electronic form and hold them in their TreasuryDirect account.


That FAQ mentions converting EE-Bonds and I-Bonds to "book entry" form in several places, but with substantially the same wording. The FAQ is silent on E-Bonds.

Hopefully when conversion is being offered more publicly there will be more information.
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