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$200 Series I Savings Bond Gallery

Series I Savings Bonds Photo Gallery

Chief Joseph $200 Series I Savings Bond Certificate

Interest earned on the Series I savings bonds is not paid out to investors, but rather added back to the principal to compound. The only way to cash out your interest income is to redeem the bond (that is, sell it back to the government).

The $200 Series I savings bond features Chief Joseph. Here's the Treasury Department's official release on him in regards to the savings bond program:

Chief Joseph (1840-1904), a Native American leader, is best known for his principled resistance to the U.S. government's attempts to force the Nez Perce onto a reservation. An 1863 treaty took away their lands and forced the Nez Perce and their leader into a position of resistance. Though he consistently opposed war, when conflict became inevitable Chief Joseph and other leaders led the Nez Perce on a courageous retreat in 1877 for more than a thousand miles through Montana and Idaho. After a five-day siege only 30 miles from safety, he surrendered. In his final years, Chief Joseph spoke eloquently of the injustice of United States policy toward his people and held out hope that one-day freedom and equality might come for Native Americans.

More About the Series I Savings Bond

You can read our Guide to Investing in Series I Savings Bonds. This will walk you through tons of information about savings bonds, especially the series I savings bond, including how you can add them to your portfolio, annual purchase limits, ownership requirements, tax benefits, and much more.

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