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U.S. will stop selling paper savings bonds

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Americans who want to buy a U.S. Savings Bond after Dec. 31 will need two things: at least $25, and an Internet connection.

The Treasury Department is scheduled to announce today that for the first time in 76 years, paper Savings Bonds will no longer be sold at banks and credit unions. Investors who want to buy Savings Bonds after Dec. 31 will need to purchase them electronically through TreasuryDirect, a Web-based program offered by Treasury’s Bureau of Public Debt.

Full Story: Banks will no longer sell Savings Bonds

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