Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.latimes.money From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: BANKING & FINANCE Date: Wed, 4 Nov 92 06:47:12 EST Message-ID: HEADLINE: BANKING & FINANCE Publication Date: Tuesday November 3, 1992 BYLINE: Savings Bond Rate Declines: The Treasury Department said U.S. Savings Bonds will earn interest at a rate of 5.04% for the next six months, the lowest since the government began selling variable-rate bonds in 1982. The new rate, in effect through April 30, is down from 5.58% during the last six months. However, bonds held for five years or more are guaranteed to yield a minimum of 6% annually. There had been speculation that the minimum would also be lowered, but it remained unchanged. This article is copyright 1992 The Los Angeles Times Home Edition. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM