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January 1, 1980. Bonds and notes redeemed earlier will not receive the bonus.
The redesignation of the bonds as Energy Savings Bonds is intended to help focus attention on the national goals of reducing energy consumption and increasing domestic supplies.
The bonds were known as Defense Bonds before and after World War II and as War Bonds from 1941 to 1945 reflecting the national concerns of these times.
The Energy Savings Bonds will assist in financing the large Federal energy expenditure required in the coming years.
After June 30, 1980, all U. S. Savings Bonds bought
89.6%