The reply of a patriot was a long personal telegram to padishah urging him,as leader of his people.
ooking to learn more about Patriot Bonds? Let’s start with a quick explainer of what savings bonds are. They’re low-risk investments that are backed by the U.S. government. After you purchase the bond, they pay you back the principal plus interest.
Savings bonds come in a number of shapes and sizes, with some earning interest differently than others. Series EE savings bonds, which have a fixed rate of return, are available online from the U.S. Department of the Treasury via TreasuryDirect.gov.
If you hold onto a Series EE bond for 20 years, it’s guaranteed to double in value. Ken Tumin, founder of DepositAccounts, says that’s an annual rate of return of about 3.5% — not too shabby considering that the current 30-year treasury yield is around 3%. Series EE bonds reach maturity and stop earning interest after 30 years.
Series I bonds are a little different. (More on this in a bit.) So where do Patriot Bonds come into play? We’ll explain.