Back to Finance Glossary | Previous PageThe accrued discount refers to interest that accumulates on savings bonds from the date of purchase until the date of redemption or final maturity, whichever comes first. Series A, B, C, D, E, EE, F, I and J are discount or accrual bonds -- meaning principal and interest are paid when the bonds are redeemed. Series G, H, HH and K are income bonds, and the semiannual interest paid to their holders is not included in the accrued discount.
Latest Articles Related to Accrued Discount
Back to Finance Glossary | Previous Page
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.