UNITED STATES SAVINGS BONDS/NOTES EARNINGS REPORT VALUES AND YIELDS FOR $100 SERIES I BONDS November 1998 Thru October 1999 The table shows semiannual values for $100 Series I* bonds. Values for other denominations are proportional to the values shown. For example, the value of a $50 bond is one-half the amount shown and the value of a $500 bond is five times the amount shown. The Current Earnings column shows the annual yield that the bonds will earn during the period indicated. The Earnings From Issue is the bond's yield from its issue date to the date shown or date adjusted as shown in the footnotes. ----------------------------------------------------------------------------------------- | Earnings to Date when held 5 years*** | Redeem Value Series I Bond |-------------------------------------------------------|-------------- Issue Dates | Start | End | Start | End |Current| Since | Start | End | Date** | Date** | Value | Value |Earning| Issue | Value | Value ----------------------------------------------------------------------------------------- 11/1998 - 4/1999 | 11/1/1998 | 5/1/1999 |100.00 |102.52 | 5.04% | 5.04% |100.00 |101.24 9/1998 - 10/1998 | 3/1/1999 | 9/1/1999 |102.32 |104.96 | 5.16% | 4.90% |101.16 |103.64 ========================================================================================= VALUES AND YIELDS FOR $100 SERIES EE BONDS November 1998 Thru October 1999 The table shows semiannual values for $100 Series EE* bonds. Values for other denominations are proportional to the values shown. For example, the value of a $50 bond is one-half the amount shown and the value of a $500 bond is five times the amount shown. The Current Earnings column shows the annual yield that the bonds will earn during the period indicated. The Earnings From Issue is the bond's yield from its issue date to the date shown or date adjusted as shown in the footnotes. ----------------------------------------------------------------------------------------- | Earnings to Date when held 5 years*** | Redeem Value Series EE Bond |-------------------------------------------------------|-------------- Issue Dates | Start | End | Start | End |Current| Since | Start | End | Date** | Date** | Value | Value |Earning| Issue | Value | Value ----------------------------------------------------------------------------------------- 11/1998 - 4/1999 | 11/1/1998 | 5/1/1999 | 50.00 | 51.16 | 4.64% | 4.64% | 50.00 | 50.56 5/1998 - 10/1998 | 11/1/1998 | 5/1/1999 | 51.28 | 52.44 | 4.52% | 4.82% | 50.64 | 51.88 11/1997 - 4/1998 | 11/1/1998 | 5/1/1999 | 52.72 | 53.92 | 4.55% | 5.10% | 52.04 | 53.32 5/1997 - 10/1997 | 11/1/1998 | 5/1/1999 | 54.20 | 55.44 | 4.58% | 5.23% | 53.56 | 54.80 ========================================================================================= ------------------------------------------------------------------------------ | Earning Period | | Series EE Bond |-----------------------------------------|Current |Earnings Issue Dates | Start | End | Start | End |Earnings| From | Date** | Date** | Value | Value | | Issue ------------------------------------------------------------------------------ 11/1996 - 4/1997 | 11/1/1998 | 5/1/1999 | 54.76 | 55.84 | 3.94% | 4.47% 5/1996 - 10/1996 | 11/1/1998 | 5/1/1999 | 55.88 | 57.00 | 4.01% | 4.42% 11/1995 - 4/1996 | 11/1/1998 | 5/1/1999 | 57.24 | 58.40 | 4.05% | 4.49% 5/1995 - 10/1995 | 11/1/1998 | 5/1/1999 | 58.76 | 59.92 | 3.95% | 4.58% 11/1994 - 4/1995 | 11/1/1998 | 5/1/1999 | 58.60 | 59.76 | 3.96% | 4.00% 5/1994 - 10/1994 | 11/1/1998 | 5/1/1999 | 59.76 | 64.72 | 16.60% | 5.23% 11/1993 - 4/1994 | 11/1/1998 | 5/1/1999 | 64.68 | 66.08 | 4.33% | 5.13% 5/1993 - 10/1993 | 11/1/1998 | 5/1/1999 | 66.24 | 67.64 | 4.23% | 5.10% 3/1993 - 4/1993 | 3/1/1999 | 9/1/1999 | 67.88 | 69.40 | 4.48% | 5.11% 11/1992 - 2/1993 | 11/1/1998 | 5/1/1999 | 71.32 | 73.44 | 5.95% | 6.00% 5/1992 - 10/1992 | 11/1/1998 | 5/1/1999 | 73.44 | 75.64 | 5.99% | 6.00% 11/1991 - 4/1992 | 11/1/1998 | 5/1/1999 | 75.64 | 77.92 | 6.03% | 6.00% 5/1991 - 10/1991 | 11/1/1998 | 5/1/1999 | 77.92 | 80.24 | 5.95% | 6.00% 11/1990 - 4/1991 | 11/1/1998 | 5/1/1999 | 80.24 | 82.68 | 6.08% | 6.01% 5/1990 - 10/1990 | 11/1/1998 | 5/1/1999 | 82.68 | 85.16 | 6.00% | 6.01% 11/1989 - 4/1990 | 11/1/1998 | 5/1/1999 | 85.16 | 87.68 | 5.92% | 6.00% 5/1989 - 10/1989 | 11/1/1998 | 5/1/1999 | 87.68 | 90.32 | 6.02% | 6.00% 11/1988 - 4/1989 | 11/1/1998 | 5/1/1999 | 90.32 | 93.04 | 6.02% | 6.00% 5/1988 - 10/1988 | 11/1/1998 | 5/1/1999 | 93.04 | 95.84 | 6.02% | 6.00% 11/1987 - 4/1988 | 11/1/1998 | 5/1/1999 | 95.84 | 98.68 | 5.93% | 6.00% 5/1987 - 10/1987 | 11/1/1998 | 5/1/1999 | 98.68 | 101.64 | 6.00% | 6.00% 11/1986 - 4/1987 | 11/1/1998 | 5/1/1999 | 101.64 | 103.68 | 4.01% | 5.92% 5/1986 - 10/1986 | 11/1/1998 | 5/1/1999 | 115.32 | 117.64 | 4.02% | 6.69% 11/1985 - 4/1986 | 11/1/1998 | 5/1/1999 | 117.64 | 120.00 | 4.01% | 6.59% 5/1985 - 10/1985 | 11/1/1998 | 5/1/1999 | 120.00 | 122.40 | 4.00% | 6.50% 11/1984 - 4/1985 | 11/1/1998 | 5/1/1999 | 122.40 | 124.84 | 3.99% | 6.41% 5/1984 - 10/1984 | 11/1/1998 | 5/1/1999 | 126.44 | 129.20 | 4.37% | 6.43% 11/1983 - 4/1984 | 11/1/1998 | 5/1/1999 | 132.44 | 135.40 | 4.47% | 6.53% 5/1983 - 10/1983 | 11/1/1998 | 5/1/1999 | 138.04 | 141.12 | 4.46% | 6.59% 3/1983 - 4/1983 | 3/1/1999 | 9/1/1999 | 145.76 | 149.04 | 4.50% | 6.73% 11/1982 - 2/1983 | 11/1/1998 | 5/1/1999 | 148.92 | 153.40 | 6.02% | 6.91% 5/1982 - 10/1982 | 11/1/1998 | 5/1/1999 | 167.16 | 172.16 | 5.98% | 7.41% 11/1981 - 4/1982 | 11/1/1998 | 5/1/1999 | 172.16 | 177.32 | 5.99% | 7.37% 5/1981 - 10/1981 | 11/1/1998 | 5/1/1999 | 177.32 | 182.64 | 6.00% | 7.33% 11/1980 - 4/1981 | 11/1/1998 | 5/1/1999 | 187.08 | 192.68 | 5.99% | 7.43% 5/1980 - 10/1980 | 11/1/1998 | 5/1/1999 | 202.20 | 208.24 | 5.97% | 7.65% 1/1980 - 4/1980 | 1/1/1999 | 7/1/1999 | 206.20 | 212.36 | 5.97% | 7.56% ------------------------------------------------------------------------------ * Monthly increases in value, applicable to some bonds, are not shown in the table. ** Each "Start Date" and "End Date" is for the first date of the range in the "Issue Dates" column. Add one month for each later issue month. For example, a bond issued in 1/1997 would be worth $54.76 on 1/1/1999 $55.84 on 7/1/1999. *** A bond issued on or after May 1, 1997 is assessed a three-month interest penalty if redeemed less than five years after its issue date. "Redeem Value" shows bond values after penalty. "Earnings to Date when held 5 years" shows the amount upon which future earnings will compound. ============================================================================== VALUES AND YIELDS FOR $100 SERIES E BONDS November 1998 Thru October 1999 The table shows semiannual values for $100 Series E bonds. Values for other denominations are proportional to the values shown. For example, the value of a $50 bond is one-half the amount shown and the value of a $500 bond is five times the amount shown. The Current Earnings column shows the annual yield that the bonds will earn during the period indicated. The Earnings From Issue is the bond's yield from its issue date to the date shown or date adjusted as shown in the footnotes. ------------------------------------------------------------------------------ | Earning Period | | Series E Bond |-----------------------------------------|Current |Earnings Issue Dates | Start | End | Start | End |Earnings| From | Date** | Date** | Value | Value | | Issue ------------------------------------------------------------------------------ 5/1980 - 6/1980 | 11/1/1998 | 5/1/1999 | 283.44 | 289.12 | 4.01% | 7.23% 11/1979 - 4/1980 | 11/1/1998 | 5/1/1999 | 286.20 | 291.92 | 4.00% | 7.09% 6/1979 - 10/1979 | 12/1/1998 | 6/1/1999 | 289.20 | 295.00 | 4.01% | 6.97% 5/1979 - 5/1979 | 11/1/1998 | 5/1/1999 | 288.56 | 294.32 | 3.99% | 6.95% 1/1979 - 4/1979 | 1/1/1999 | 7/1/1999 | 291.48 | 297.32 | 4.01% | 6.83% 12/1978 - 12/1978 | 12/1/1998 | 6/1/1999 | 291.44 | 297.28 | 4.01% | 6.83% 11/1978 - 11/1978 | 11/1/1998 | 5/1/1999 | 290.64 | 296.48 | 4.02% | 6.82% 7/1978 - 10/1978 | 1/1/1999 | 7/1/1999 | 293.68 | 299.56 | 4.00% | 6.70% 6/1978 - 6/1978 | 12/1/1998 | 6/1/1999 | 293.64 | 299.52 | 4.00% | 6.70% 5/1978 - 5/1978 | 11/1/1998 | 5/1/1999 | 292.88 | 298.76 | 4.02% | 6.69% 3/1978 - 4/1978 | 3/1/1999 | 9/1/1999 | 309.00 | 315.96 | 4.50% | 6.80% 12/1977 - 2/1978 | 12/1/1998 | 6/1/1999 | 332.72 | 342.68 | 5.99% | 7.19% 11/1977 - 11/1977 | 11/1/1998 | 5/1/1999 | 331.80 | 341.76 | 6.00% | 7.18% 7/1977 - 10/1977 | 1/1/1999 | 7/1/1999 | 372.64 | 383.84 | 6.01% | 7.56% 6/1977 - 6/1977 | 12/1/1998 | 6/1/1999 | 372.72 | 383.88 | 5.99% | 7.56% 5/1977 - 5/1977 | 11/1/1998 | 5/1/1999 | 371.96 | 383.12 | 6.00% | 7.55% 12/1976 - 4/1977 | 12/1/1998 | 6/1/1999 | 379.36 | 390.72 | 5.99% | 7.47% 11/1976 - 11/1976 | 11/1/1998 | 5/1/1999 | 378.28 | 389.60 | 5.98% | 7.46% 7/1976 - 10/1976 | 1/1/1999 | 7/1/1999 | 385.88 | 397.44 | 5.99% | 7.38% 6/1976 - 6/1976 | 12/1/1998 | 6/1/1999 | 385.92 | 397.52 | 6.01% | 7.38% 5/1976 - 5/1976 | 11/1/1998 | 5/1/1999 | 385.08 | 396.60 | 5.98% | 7.37% 1/1976 - 4/1976 | 1/1/1999 | 7/1/1999 | 392.88 | 404.68 | 6.01% | 7.30% 12/1975 - 12/1975 | 12/1/1998 | 6/1/1999 | 392.84 | 404.64 | 6.01% | 7.30% 11/1975 - 11/1975 | 11/1/1998 | 5/1/1999 | 392.00 | 403.76 | 6.00% | 7.29% 6/1975 - 10/1975 | 12/1/1998 | 6/1/1999 | 399.84 | 411.84 | 6.00% | 7.22% 5/1975 - 5/1975 | 11/1/1998 | 5/1/1999 | 398.92 | 410.88 | 6.00% | 7.21% 1/1975 - 4/1975 | 1/1/1999 | 7/1/1999 | 406.96 | 419.16 | 6.00% | 7.15% 12/1974 - 12/1974 | 12/1/1998 | 6/1/1999 | 407.00 | 419.20 | 6.00% | 7.15% 11/1974 - 11/1974 | 11/1/1998 | 5/1/1999 | 406.00 | 418.20 | 6.01% | 7.14% 7/1974 - 10/1974 | 1/1/1999 | 7/1/1999 | 414.20 | 426.64 | 6.01% | 7.08% 6/1974 - 6/1974 | 12/1/1998 | 6/1/1999 | 414.24 | 426.64 | 5.99% | 7.08% 5/1974 - 5/1974 | 11/1/1998 | 5/1/1999 | 413.24 | 425.64 | 6.00% | 7.07% 12/1973 - 4/1974 | 12/1/1998 | 6/1/1999 | 421.60 | 430.04 | 4.00% | 6.97% 9/1973 - 11/1973 | 1/1/1999 | 7/1/1999 | 433.84 | 446.88 | 6.01% | 7.03% 8/1973 - 8/1973 | 12/1/1998 | 6/1/1999 | 433.80 | 446.80 | 5.99% | 7.03% 7/1973 - 7/1973 | 11/1/1998 | 5/1/1999 | 432.88 | 445.84 | 5.99% | 7.02% 6/1973 - 6/1973 | 4/1/1999 | 10/1/1999 | 441.56 | 450.40 | 4.00% | 6.92% 2/1973 - 5/1973 | 12/1/1998 | 6/1/1999 | 440.52 | 449.32 | 4.00% | 6.92% 1/1973 - 1/1973 | 11/1/1998 | 5/1/1999 | 439.40 | 448.20 | 4.01% | 6.91% 12/1972 - 12/1972 | 4/1/1999 | 10/1/1999 | 443.96 | 452.84 | 4.00% | 6.81% 8/1972 - 11/1972 | 12/1/1998 | 6/1/1999 | 442.96 | 451.84 | 4.01% | 6.81% 7/1972 - 7/1972 | 11/1/1998 | 5/1/1999 | 442.00 | 450.84 | 4.00% | 6.80% 6/1972 - 6/1972 | 4/1/1999 | 10/1/1999 | 446.48 | 455.44 | 4.01% | 6.71% 3/1972 - 5/1972 | 1/1/1999 | 7/1/1999 | 445.24 | 454.16 | 4.01% | 6.70% 2/1972 - 2/1972 | 12/1/1998 | 6/1/1999 | 445.20 | 454.12 | 4.01% | 6.70% 1/1972 - 1/1972 | 11/1/1998 | 5/1/1999 | 444.16 | 453.04 | 4.00% | 6.69% 12/1971 - 12/1971 | 4/1/1999 | 10/1/1999 | 448.72 | 457.68 | 3.99% | 6.60% 8/1971 - 11/1971 | 12/1/1998 | 6/1/1999 | 447.56 | 456.52 | 4.00% | 6.60% 7/1971 - 7/1971 | 11/1/1998 | 5/1/1999 | 446.76 | 455.72 | 4.01% | 6.59% 6/1971 - 6/1971 | 4/1/1999 | 10/1/1999 | 457.44 | 467.72 | 4.49% | 6.57% 2/1971 - 5/1971 | 12/1/1998 | 6/1/1999 | 456.16 | 466.44 | 4.51% | 6.56% 1/1971 - 1/1971 | 11/1/1998 | 5/1/1999 | 455.12 | 465.36 | 4.50% | 6.55% 12/1970 - 12/1970 | 4/1/1999 | 10/1/1999 | 524.28 | 534.76 | 4.00% | 6.93% 8/1970 - 11/1970 | 12/1/1998 | 6/1/1999 | 523.08 | 533.52 | 3.99% | 6.92% 7/1970 - 7/1970 | 11/1/1998 | 5/1/1999 | 521.84 | 532.28 | 4.00% | 6.91% 6/1970 - 6/1970 | 4/1/1999 | 10/1/1999 | 527.08 | 537.64 | 4.01% | 6.83% 3/1970 - 5/1970 | 1/1/1999 | 7/1/1999 | 524.60 | 535.12 | 4.01% | 6.81% 2/1970 - 2/1970 | 12/1/1998 | 6/1/1999 | 524.56 | 535.04 | 4.00% | 6.81% 1/1970 - 1/1970 | 11/1/1998 | 5/1/1999 | 523.28 | 533.72 | 3.99% | 6.80% 12/1969 - 12/1969 | 4/1/1999 | 10/1/1999 | 528.72 | 539.28 | 3.99% | 6.72% 9/1969 - 11/1969 | 1/1/1999 | 7/1/1999 | 526.00 | 536.52 | 4.00% | 6.71% 9/1969 - 10/1969 | 7/1/1999 | 9/1/1999 | 536.52 | 540.08 | 4.01% | 6.69% 8/1969 - 8/1969 | 12/1/1998 | 6/1/1999 | 525.96 | 536.48 | 4.00% | 6.71% 8/1969 - 8/1969 | 6/1/1999 | 8/1/1999 | 536.48 | 540.04 | 4.01% | 6.69% 7/1969 - 7/1969 | 11/1/1998 | 5/1/1999 | 524.80 | 535.32 | 4.01% | 6.70% 7/1969 - 7/1969 | 5/1/1999 | 7/1/1999 | 535.32 | 538.84 | 3.97% | 6.68% 6/1969 - 6/1969 | 4/1/1999 | 6/1/1999 | 530.16 | 533.68 | 4.01% | 6.65% 5/1969 - 5/1969 | 11/1/1998 | 5/1/1999 | 543.52 | 554.40 | 4.00% | 6.78% 12/1965 - 4/1969 | These bonds cease to earn interest 30 years after issue. 9/1965 - 11/1965 | 12/1/1998 | 6/1/1999 | 566.60 | 579.32 | 4.49% | 6.15% 8/1965 - 8/1965 | 11/1/1998 | 5/1/1999 | 563.68 | 576.36 | 4.50% | 6.13% 6/1965 - 7/1965 | 3/1/1999 | 9/1/1999 | 581.96 | 595.08 | 4.51% | 6.14% 4/1965 - 5/1965 | 1/1/1999 | 7/1/1999 | 623.24 | 641.92 | 5.99% | 6.37% 3/1965 - 3/1965 | 12/1/1998 | 6/1/1999 | 623.28 | 642.00 | 6.01% | 6.37% 2/1965 - 2/1965 | 11/1/1998 | 5/1/1999 | 620.28 | 638.88 | 6.00% | 6.35% 12/1964 - 1/1965 | 3/1/1999 | 9/1/1999 | 696.48 | 717.40 | 6.01% | 6.60% 9/1964 - 11/1964 | 12/1/1998 | 6/1/1999 | 692.04 | 712.80 | 6.00% | 6.59% 8/1964 - 8/1964 | 11/1/1998 | 5/1/1999 | 688.80 | 709.48 | 6.00% | 6.57% 6/1964 - 7/1964 | 3/1/1999 | 9/1/1999 | 702.64 | 723.72 | 6.00% | 6.54% 4/1964 - 5/1964 | 1/1/1999 | 7/1/1999 | 697.96 | 718.92 | 6.01% | 6.52% 3/1964 - 3/1964 | 12/1/1998 | 6/1/1999 | 698.04 | 718.96 | 5.99% | 6.52% 2/1964 - 2/1964 | 11/1/1998 | 5/1/1999 | 694.72 | 715.56 | 6.00% | 6.50% 12/1963 - 1/1964 | 3/1/1999 | 9/1/1999 | 708.76 | 730.00 | 5.99% | 6.47% 9/1963 - 11/1963 | 12/1/1998 | 6/1/1999 | 704.40 | 725.52 | 6.00% | 6.45% 8/1963 - 8/1963 | 11/1/1998 | 5/1/1999 | 701.04 | 722.04 | 5.99% | 6.44% 6/1963 - 7/1963 | 3/1/1999 | 9/1/1999 | 715.04 | 736.52 | 6.01% | 6.40% 4/1963 - 5/1963 | 1/1/1999 | 7/1/1999 | 709.68 | 730.96 | 6.00% | 6.38% 3/1963 - 3/1963 | 12/1/1998 | 6/1/1999 | 709.76 | 731.04 | 6.00% | 6.38% 2/1963 - 2/1963 | 11/1/1998 | 5/1/1999 | 706.44 | 727.64 | 6.00% | 6.37% 12/1962 - 1/1963 | 3/1/1999 | 9/1/1999 | 720.64 | 742.28 | 6.01% | 6.34% 9/1962 - 11/1962 | 12/1/1998 | 6/1/1999 | 717.68 | 739.20 | 6.00% | 6.32% 8/1962 - 8/1962 | 11/1/1998 | 5/1/1999 | 712.60 | 734.00 | 6.01% | 6.30% 6/1962 - 7/1962 | 3/1/1999 | 9/1/1999 | 727.00 | 748.80 | 6.00% | 6.27% 4/1962 - 5/1962 | 1/1/1999 | 7/1/1999 | 725.12 | 746.88 | 6.00% | 6.27% 3/1962 - 3/1962 | 12/1/1998 | 6/1/1999 | 725.20 | 746.96 | 6.00% | 6.27% 2/1962 - 2/1962 | 11/1/1998 | 5/1/1999 | 719.96 | 741.56 | 6.00% | 6.25% 12/1961 - 1/1962 | 3/1/1999 | 9/1/1999 | 734.44 | 756.48 | 6.00% | 6.22% 10/1961 - 11/1961 | 1/1/1999 | 7/1/1999 | 732.32 | 754.28 | 6.00% | 6.21% 9/1961 - 9/1961 | 12/1/1998 | 6/1/1999 | 732.36 | 754.36 | 6.01% | 6.21% 8/1961 - 8/1961 | 11/1/1998 | 5/1/1999 | 724.28 | 746.00 | 6.00% | 6.18% 6/1961 - 7/1961 | 3/1/1999 | 9/1/1999 | 738.92 | 753.68 | 4.00% | 6.12% 4/1961 - 5/1961 | 1/1/1999 | 7/1/1999 | 736.76 | 751.48 | 4.00% | 6.12% 3/1961 - 3/1961 | 12/1/1998 | 6/1/1999 | 736.80 | 751.52 | 4.00% | 6.12% 2/1961 - 2/1961 | 11/1/1998 | 5/1/1999 | 728.40 | 742.96 | 4.00% | 6.09% 12/1960 - 1/1961 | 3/1/1999 | 9/1/1999 | 735.92 | 750.64 | 4.00% | 6.03% 10/1960 - 11/1960 | 1/1/1999 | 7/1/1999 | 734.44 | 749.12 | 4.00% | 6.03% 9/1960 - 9/1960 | 12/1/1998 | 6/1/1999 | 734.40 | 749.08 | 4.00% | 6.03% 8/1960 - 8/1960 | 11/1/1998 | 5/1/1999 | 726.00 | 740.52 | 4.00% | 6.00% 6/1960 - 7/1960 | 3/1/1999 | 9/1/1999 | 733.52 | 748.20 | 4.00% | 5.95% 3/1960 - 5/1960 | 12/1/1998 | 6/1/1999 | 732.28 | 746.92 | 4.00% | 5.94% 2/1960 - 2/1960 | 11/1/1998 | 5/1/1999 | 723.96 | 738.44 | 4.00% | 5.91% 12/1959 - 1/1960 | 3/1/1999 | 9/1/1999 | 731.40 | 746.00 | 3.99% | 5.86% 10/1959 - 11/1959 | 1/1/1999 | 7/1/1999 | 729.72 | 744.32 | 4.00% | 5.86% 10/1959 - 10/1959 | 7/1/1999 | 10/1/1999 | 744.32 | 752.40 | 4.37% | 5.85% 9/1959 - 9/1959 | 12/1/1998 | 6/1/1999 | 729.68 | 744.28 | 4.00% | 5.86% 9/1959 - 9/1959 | 6/1/1999 | 9/1/1999 | 744.28 | 752.40 | 4.39% | 5.85% 8/1959 - 8/1959 | 11/1/1998 | 5/1/1999 | 721.56 | 736.00 | 4.00% | 5.83% 8/1959 - 8/1959 | 5/1/1999 | 8/1/1999 | 736.00 | 744.04 | 4.39% | 5.82% 6/1959 - 7/1959 | 3/1/1999 | 6/1/1999 | 739.04 | 751.52 | 6.81% | 5.85% 1/1959 - 5/1959 | 12/1/1998 | 1/1/1999 | 763.60 | 766.12 | 3.99% | 5.89% 12/1958 - 12/1958 | 11/1/1998 | 12/1/1998 | 754.88 | 757.36 | 3.97% | 5.87% 5/1941 - 11/1958 | These bonds cease to earn interest 40 years after issue. ------------------------------------------------------------------------------ * Earning period is less than six months to achieve final maturity at 40 years. ** Each "Start Date" and "End Date" is for the first date of the range in the "Issue Dates" column. Add one month for each later issue month. For example, a bond issued in 1/1980 would be worth $286.20 on 1/1/1999 $291.92 on 7/1/1999. ============================================================================== VALUES AND YIELDS FOR $100 SAVINGS NOTES November 1998 Thru October 1999 The table shows semiannual values for $100 Savings Notes. Values for other denominations are proportional to the values shown. For example, the value of a $50 note is one-half the amount shown and the value of a $25 note is one- fourth the amount shown. The Current Earnings column shows the annual yield that the notes will earn during the period indicated. The Earnings From Issue is the note's yield from its issue date to the date shown or date adjusted as shown in the footnotes. ------------------------------------------------------------------------------ | Earning Period | | Savings Notes |-----------------------------------------|Current |Earnings Issue Dates | Start | End | Start | End |Earnings| From | Date** | Date** | Value | Value | | Issue ------------------------------------------------------------------------------ 6/1970 - 10/1970 | 12/1/1998 | 6/1/1999 | 522.80 | 533.24 | 3.99% | 6.61% 5/1970 - 5/1970 | 11/1/1998 | 5/1/1999 | 520.32 | 530.72 | 4.00% | 6.59% 1/1970 - 4/1970 | 1/1/1999 | 7/1/1999 | 525.60 | 536.12 | 4.00% | 6.51% 12/1969 - 12/1969 | 12/1/1998 | 6/1/1999 | 525.56 | 536.08 | 4.00% | 6.51% 11/1969 - 11/1969 | 11/1/1998 | 5/1/1999 | 523.16 | 533.64 | 4.01% | 6.49% 6/1969 - 10/1969 | 12/1/1998 | 6/1/1999 | 528.52 | 540.00 | 4.34% | 6.42% 5/1969 - 5/1969 | 11/1/1998 | 5/1/1999 | 525.88 | 537.48 | 4.41% | 6.41% 10/1967 - 4/1969 | These notes cease to earn interest 30 years after issue. ------------------------------------------------------------------------------ ** Each "Start Date" and "End Date" is for the first date of the range in the "Issue Dates" column. Add one month for each later issue month. For example, a bond issued in 8/1970 would be worth $522.80 on 2/1/1999 $533.24 on 8/1/1999. ============================================================================== MARKET-BASED SAVINGS BOND RATES Bonds issue-dated May 1, 1997 and later -- ------------------------------------------ Bonds issue-dated May 1, 1997 and later earn interest at the savings bond rates specified in the table. Savings bond rates are determined each May 1 and November 1. Rates apply to the first semiannual earning period beginning on or after the effective date shown. ---------------------------------------- | EFFECTIVE | SAVINGS BOND | | DATE | RATE | ---------------------------------------- | MAY 1, 1997 | 5.68% | | NOV 1, 1997 | 5.59% | | MAY 1, 1998 | 5.06% | | NOV 1, 1998 | 4.60% | ============================================================================== Bonds issue-dated May 1, 1995 through April 1, 1997 -- ----------------------------------------------------- Bonds issue-dated May 1, 1997 and later earn interest at the savings bond rates specified in the table. Savings bond rates are determined each May 1 and November 1. Rates apply to the first semiannual earning period beginning on or after the effective date shown. Bonds earn interest at the short-term rates during the first five years from date of issue; thereafter, interest is earned at the long-term rates. ---------------------------------------------------- | EFFECTIVE | SHORT-TERM LONG-TERM | | DATE | RATE RATE | ---------------------------------------------------- | MAY 1, 1995 | 5.25% 6.31% | | NOV 1, 1995 | 4.75% 5.16% | | MAY 1, 1996 | 4.36% 4.85% | | NOV 1, 1996 | 4.56% 5.53% | | MAY 1, 1997 | 4.63% 5.36% | | NOV 1, 1997 | 4.53% 5.28% | | MAY 1, 1998 | 4.47% 4.77% | | NOV 1, 1998 | 4.01% 4.35% | ============================================================================== Bonds issue-dated before May 1, 1995 -- -------------------------------------- The 5-year Treasury securities yields shown, which apply to bonds/notes issue- dated before May 1, 1995 and held for at least five years, are calculated each May 1 and November 1. The market-based savings bond rate is set at 85% of the average of these rates for the applicable earning periods. The market-based rate is rounded to the nearest one-hundredth of one percent for bonds issued May 1, 1989 and later, and for bonds/notes which entered an extended maturity period on or after that date; otherwise, the rate is rounded to the nearest one-quarter of one percent. The rounded rate is applied to the entire period for which the bond/note is entitled to market-based earnings. ---------------------------------------- | EFFECTIVE | 5-YEAR TREASURY | | DATE | SECURITIES YIELD | ---------------------------------------- | NOV 1, 1982 | 13.05% | | MAY 1, 1983 | 10.17% | | NOV 1, 1983 | 11.04% | | MAY 1, 1984 | 11.71% | | NOV 1, 1984 | 12.87% | | MAY 1, 1985 | 11.17% | | NOV 1, 1985 | 9.83% | | MAY 1, 1986 | 8.26% | | NOV 1, 1986 | 7.13% | | MAY 1, 1987 | 6.87% | | NOV 1, 1987 | 8.44% | | MAY 1, 1988 | 8.12% | | NOV 1, 1988 | 8.65% | | MAY 1, 1989 | 9.19% | | NOV 1, 1989 | 8.21% | | MAY 1, 1990 | 8.25% | | NOV 1, 1990 | 8.46% | | MAY 1, 1991 | 7.73% | | NOV 1, 1991 | 7.50% | | MAY 1, 1992 | 6.56% | | NOV 1, 1992 | 5.93% | | MAY 1, 1993 | 5.62% | | NOV 1, 1993 | 5.00% | | MAY 1, 1994 | 5.53% | | NOV 1, 1994 | 6.96% | | MAY 1, 1995 | 7.42% | | NOV 1, 1995 | 6.08% | | MAY 1, 1996 | 5.70% | | NOV 1, 1996 | 6.51% | | MAY 1, 1997 | 6.31% | | NOV 1, 1997 | 6.21% | | MAY 1, 1998 | 5.62% | | NOV 1, 1998 | 5.11% | ==============================================================================