CFR > Title 31 - Money and Finance: Treasury > SUBTITLE B—Regulations Relating to Money and Finance > CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY (parts 200 to 391) > SUBCHAPTER B—BUREAU OF THE PUBLIC DEBT (parts 306 to 391) > PART 351—OFFERING OF UNITED STATES SAVINGS BONDS, SERIES EE > SUBPART D—Book-Entry Series EE Savings Bonds (§351.60 to §351.72-351.80) > 351.70—How are redemption values calculated for book-entry Series EE savings bonds?

351.70—How are redemption values calculated for book-entry Series EE savings bonds?

We base current redemption values (CRV) for book-entry Series EE savings bonds on the definitive savings bond CRV. We use the CRV for a $100 principal amount as calculated in § 351.16 to calculate a CRV prorated to the book-entry principal investment amount for the corresponding issue and redemption dates. Calculated book-entry CRV will be rounded to the nearest one cent. 2 The formula is as follows:

Code of Federal Regulations

Footnote(s): 2 Example: Calculated value of $25.044 rounds to $25.04; calculated value of $25.045 rounds to $25.05.
[Book-entry principal investment ÷ $100] × [CRV value for $100 principal amount].

Code of Federal Regulations

[68 FR 24796, May 8, 2003, as amended at 75 FR 52460, Aug. 26, 2010]