Sale of paper savings bonds to end Dec. 31


HONOLULU (HawaiiNewsNow) - Over-the-counter sales of paper savings bonds will end at financial institutions on Dec. 31.

The U.S. Department of Treasury announced the move back in July in hopes of increasing the number of electronic transactions and saving taxpayers millions of dollars.

Series EE and I electronic savings bonds will remain available for purchase on

Anyone holding paper savings bonds can continue to redeem them at financial institutions.

Copyright 2011 Hawaii News Now. All rights reserved.