What has any one heard about this? I can't seem to find much, but I understand this is changing.

Hi, Barb - I hadn't heard anything about discontinuation, only that the rate was dropped to 1.5%. The savings bond website at the Bureau of Public Debt hasn't been updated since the end of June, so that isn't much help...

Hi Bart - here's info from their FAQ site, related to Treasury Direct:

Quote:

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3. Which series of savings bonds will be offered in electronic form?

Electronic I bonds were introduced in October 2002, and TreasuryDirect was expanded to include electronic EE bonds in May 2003. Since Treasury plans to withdraw the HH offering in mid 2004, these bonds will not be issued in or converted to electronic form in TreasuryDirect. .

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A customer told one of our Personal Bankers that she had a newspaper article (which, of course, means it's ALL true!!), but didn't have it with her. Thought I'd post the question since it wasn't already out here.

Good to hear from you - have a great holiday season!!

I also found this: Savingsbonds.com and this: Cincinnati Enquirer with more info.