... U.S. Savings Bond

Employees may enroll in the U.S. Savings Bond program through payroll deduction. Series EE or Series I Bonds may be purchased at any time during the year.

Series EE bonds may be purchased in $100, $200, $500 and $1000 denominations. The purchase price is half the face value of the bond. For example, a $100 bond can be purchased for $50. Series EE bonds earn interest based on market yields for U.S. Treasury securities that have an original maturity of 17 years and a final maturity of 30 years.

Series I bonds may be purchased in $50, $75, $100, $200, $500 and $1000 denominations. Series I bonds are sold at face value. For example, you pay exactly $50 for a $50 bond. The earnings rate is based on a combination of a fixed rate of return and a variable semiannual inflation rate. These bonds can also earn interest for up to 30 years.

To participate in the U.S. Savings Bond program, complete the Authorization for Purchase and Request for Change for either Series EE or Series I and return to Payroll via inter-institutional mail at UCT 1009 or fax to 713-500-3955.

Visit the Bureau of Public Debt's U.S. Savings Bonds online web site at or call 1-800-4US-BOND (1-800-487-2663) for other information regarding U.S. Savings Bonds.

The University of Texas Health Science Center at Houston
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Last updated August 29, 2008