BANKING & FINANCE - Sept. 10, 1992
From Times Staff and Wire Reports
Sales of Savings Bonds Soar: The Treasury said sales of U.S. Series EE Savings Bonds more than doubled to $1.469 billion in August from $692 million a year earlier. Investors have been drawn to the bonds because they are backed by the government and earn a guaranteed minimum interest rate of 6% if held for five years or longer.