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1936  $50 Adjusted Service Bond

3%  9-year Registered Loan

 

Original Issuance: $1.8 Billion

 

This non-transferable bond carried a 3% interest rate.  Unlike the earlier issued Adjusted Service Certificates, these bonds were redeemable by veterans upon receipt, and many veterans did just that. The Adjusted Service Bonds were only issued in $50 denominations. 

*This bond image has been restored for privacy and display purposes. 

1936 Regulations Governing Adjusted Service Bonds

Treasury Department Circular No. 560

This Treasury Department Circular, distributed to owners of Adjusted Service Bonds and throughout the banking system, provided information regarding the redemption and handling of the securities.

1946  $450 Armed Forces Leave Bond

2.5%  5-year Registered Loan

 

Original Issuance: $1.79 Billion

This non-transferable bond carried a 2.5% interest rate.  The maturity date of the bonds was

based on the five-year anniversary of the service member's separation from the military.

*This bond image has been digitally restored for privacy and display purposes.

Copyright The Joe I. Herbstman Memorial Collection of American Finance 

 

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