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No More Paper Savings Bonds!
The U.S. Department of the Treasury has announced that, as of December 31, 2011, it will no longer offer over-the-counter sale of Savings Bonds—in fact, there will no longer be paper savings bonds issued.
It will be possible for customers to order electronic savings bonds through TreasuryDirect:
It is a secure web-based system operated by the Bureau of the Public Debt. We will, of course, be happy to redeem your existing bonds for you.