Series HH savings bond

Series HH savings bond definition - business

Series HH savings bond

A U.S. Treasury obligation issued in multiples of $500 that pays interest every six months. The security has a maturity of ten years, but may be redeemed after being held six months. The U.S. Treasury discontinued issuing Series HH bonds in 2004.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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