$5,000.00 I Bond
(1897 - 1993)
M arian Anderson was a world- renowned contralto with a vocal mastery from Bach and Schubert to Verdi and spirituals. In 1939, barred from singing at a con- cert hall in Washington, D.C. because of her race, Anderson was invited to sing on the steps of the Lincoln Memorial to a record crowd. Her long career began with singing in church as a young girl, and took her to the pinnacle of the profession when in 1955, she became the first African-American to sing with the Metropolitan Opera. Marian Anderson was loved and admired throughout the world as a great artist whose dignity in the face of discrimination opened doors for the many African-American artists now performing in concert halls and opera houses world-wide.
$10,000.00 I Bond
SPARK M. MATSUNAGA
U.S. Senator and Congressman,
World War II Hero—
S park Matsunaga, a war hero who became a United States Senator from Hawaii, dedicated his career to promoting peace and achieving justice. A Japanese-American, Matsunaga served with distinction in the 100th Infantry Battalion, the first Japanese-American unit formed during World War II, for which he received the Bronze Star and two Purple Hearts. As a political leader, he was a champion of civil rights for all Americans regardless of race. As a member of the United States Senate, he worked to promote the peaceful resolution of conflicts, and he fought for redress for survivors of the World War II internment camps.
COVER STORY -
UNVEIL NEW INFLATION- INDEXED SAVINGS BONDS
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I Bonds may be attractive to investors for the following reasons:
They protect investors from
They are exempt from state and local income taxes and federal taxes can be deferred until the bond is redeemed or stops earning interest at 30 years;
They increase in value monthly with interest compounded semi-annually;
And all or part of the interest earned may be tax-exempt if used for college tuition and fees at eligible post-secondary educational institutions, when income qualifications are met.
I Bonds also protect investors from potential deflation. Even if deflation is greater than the fixed interest rate, the I Bond’s value will remain the same.
Six of the eight I Bonds ($50, $75, $100, $500, $1000 and $5000) will go on sale September 1, 1998, and the
Current interest rates on savings bon s can be obtaine by calling the toll-free recor ing 1-800-4US-BOND (1-800-487-2663).