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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: dpl who wrote (52700)2/5/2006 11:46:43 AM
From: regli  Read Replies (1) of 110194
 
"When did the USA first issue 30 years bonds?
"


This might answer your question:

publicdebt.treas.gov

"Series E bonds have had varying original maturity periods depending on their issue dates, ranging from 10 years for the oldest bonds to 5 years for the last ones issued. Series E bonds issued from May 1941 to November 1965 have been granted three 10-year extended maturity periods. Those issued after November 1965 have been granted two 10-year extended maturity periods. Series E bonds issued from May 1952 through November 1965 have been granted an additional extension sufficient in length to make their total interest-accruing life spans 40 years. Those issued in December 1965 and after have been granted an additional extension sufficient to make their total interest-accruing life spans 30 years."
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