[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR341.15]

[Page 245-249]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
         CHAPTER II--FISCAL SERVICE, DEPARTMENT OF THE TREASURY
 
PART 341--REGULATIONS GOVERNING UNITED STATES RETIREMENT PLAN BONDS--Table of Contents
 
Sec. 341.15  General provisions.

    (a) Regulations. All Retirement Plan Bonds shall be subject to the 
general regulations prescribed by the Secretary with respect to United 
States securities, which are set forth in Treasury Department Circular 
No. 300, current revision, to the extent applicable. Copies of the 
general regulations may be obtained upon request from any Federal 
Reserve Bank or Branch or the Bureau of the Public Debt.
    (b) Reservation as to issue of bonds. The Secretary of the Treasury 
reserves the right to reject any application for the purchase of 
Retirement Plan Bonds, in whole or in part, and to refuse to issue or 
permit to be issued any such bonds in any case or any class or classes 
of cases if he deems such action to be in the public interest, and his 
action in any such respect shall be final.
    (c) Additional requirements. In any case or any class of cases 
arising under this part the Secretary of the Treasury may require such 
additional evidence as may in his judgment be necessary, and may require 
a bond of indemnity, with or without surety, where he may consider such 
bond necessary for the protection of the United States.
    (d) Waiver of requirements. The Secretary of the Treasury reserves 
the right, in his discretion, to waive or modify any provision or 
provisions of this circular in any particular case or class of cases for 
the convenience of the United States, or in order to relieve any person 
or persons of unnecessary hardship, if such action is not inconsistent 
with law, does not impair any existing rights, and he is satisfied that 
such action would not subject the United States to any substantial 
expense or liability.
    (e) Fiscal agents. Federal Reserve Banks and Branches, as fiscal 
agents of the United States, are authorized to perform such services as 
may be requested of them by the Secretary of the Treasury in connection 
with the issue, delivery, redemption, reissue, and payment of Retirement 
Plan Bonds.
    (f) Reservation as to terms of circular. The Secretary of the 
Treasury may at any time, or from time to time, supplement or amend the 
terms of this part, or any amendments or supplements thereto.

[[Page 246]]

            Appendix to Part 341--Tables of Redemption Values

   Table of Redemption Values Providing an Investment Yield of 3\3/4\
  Percent per Annum for Bonds Bearing Issue Dates Beginning January 1,
                                  1963
 Table shows how the Retirement Plan Bonds bearing issue dates beginning
  January 1, 1963, by denomination, increase in redemption value during
successive half-year periods following issue. The redemption values have
 been determined to provide an investment yield of 3.75 percent \1\ per
annum, compounded semiannually, on the purchase price from issue date to
    the beginning of each half-year period. The period to maturity is
  indeterminate in accordance with the provisions of Sec.  341.1(b).\2\
------------------------------------------------------------------------
                                               Issue price
                                ----------------------------------------
                                 Redemption values during each half-year
Period after issue date (years)  period (Values increase on first day of
                                              period shown)
                                ----------------------------------------
                                  $50.00    $100.00   $500.00  $1,000.00
------------------------------------------------------------------------
First \1/2\....................    $50.00   $100.00   $500.00  $1,000.00
\1/2\ to 1.....................     50.94    101.88    509.38   1,018.75
1 to 1\1/2\....................     51.89    103.79    518.93   1,037.85
1\1/2\ to 2....................     52.87    105.73    528.66   1,057.31
2 to 2\1/2\....................     53.86    107.71    538.57   1,077.14
2\1/2\ to 3....................     54.87    109.73    548.67   1,097.33
3 to 3\1/2\....................     55.90    111.79    558.95   1,117.91
3\1/2\ to 4....................     56.94    113.89    569.43   1,138.87
4 to 4\1/2\....................     58.01    116.02    580.11   1,160.22
4\1/2\ to 5....................     59.10    118.20    590.99   1,181.98
5 to 5\1/2\....................     60.21    120.41    602.07   1,204.14
5\1/2\ to 6....................     61.34    122.67    613.36   1,226.72
6 to 6\1/2\....................     62.49    124.97    624.86   1,249.72
6\1/2\ to 7....................     63.66    127.31    636.57   1,273.15
7 to 7\1/2\....................     64.85    129.70    648.51   1,297.02
7\1/2\ to 8....................     66.07    132.13    660.67   1,321.34
8 to 8\1/2\....................     67.31    134.61    673.06   1,346.11
8\1/2\ to 9....................     68.57    137.14    685.68   1,371.35
9 to 9\1/2\....................     69.85    139.71    698.53   1,397.07
9\1/2\ to 10...................     71.16    142.33    711.63   1,423.26
10 to 10\1/2\..................     72.50    144.99    724.97   1,449.95
10\1/2\ to 11..................     73.86    147.71    738.57   1,477.13
11 to 11\1/2\..................     75.24    150.48    752.42   1,504.83
11\1/2\ to 12..................     76.65    153.30    766.52   1,533.05
12 to 12\1/2\..................     78.09    156.18    780.90   1,561.79
12\1/2\ to 13..................     79.55    159.11    795.54   1,591.07
13 to 13\1/2\..................     81.05    162.09    810.45   1,620.91
13\1/2\ to 14..................     82.56    165.13    825.65   1,651.30
14 to 14\1/2\..................     84.11    168.23    841.13   1,682.26
14\1/2\ to 15..................     85.69    171.38    856.90   1,713.80
15 to 15\1/2\..................     87.30    174.59    872.97   1,745.94
15\1/2\ to 16..................     88.93    177.87    889.34   1,778.67
16 to 16\1/2\..................     90.60    181.20    906.01   1,812.02
16\1/2\ to 17..................     92.30    184.60    923.00   1,846.00
17 to 17\1/2\..................     94.03    188.06    940.31   1,880.61
17\1/2\ to 18..................     95.79    191.59    957.94   1,915.87
18 to 18\1/2\..................     97.59    195.18    975.90   1,951.80
18\1/2\ to 19..................     99.42    198.84    994.20   1,988.39
19 to 19\1/2\..................    101.28    202.57  1,012.84   2,025.67
19\1/2\ to 20..................    103.18    206.37  1,031.83   2,063.66
20 to 20\1/2\..................    105.12    210.23  1,051.17   2,102.35
------------------------------------------------------------------------
\1\ Based on redemption values of $1,000 bond.
\2\ At a future date prior to January 1, 1983 (20 years after issue date
  of the first bonds) this table will be extended to show redemption
  values for periods of holding of 20\1/2\ years and beyond.


  Table A--Table of Redemption Values Providing an Investment Yield of
 4.15 Percent Per Annum for Bonds Bearing Issue Dates Beginning June 1,
                                  1966
 Table shows the increase in redemption value for each successive half-
   year term of holding following the date of issue on Retirement Plan
 Bonds bearing issue dates beginning June 1, 1966. The redemption values
  have been determined to provide an investment yield of approximately
  4.15 percent \1\ per annum, compounded semiannually, on the purchase
  price from issue date to the beginning of each half-year period. The
period to maturity is indeterminate in accordance with the provisions of
                   Sec.  341.1(b) of this circular.\2\
------------------------------------------------------------------------
                                               Issue price
                                ----------------------------------------
                                 Redemption values during each half-year
Period after issue date (years)  period (values increase on first day of
                                              period shown)
                                ----------------------------------------
                                    $50      $100      $500      $1,000
------------------------------------------------------------------------
First \1/2\....................     $0.00   $100.00   $500.00  $1,000.00
\1/2\ to 1.....................     51.04    102.08    510.38   1,020.75
1 to 1\1/2\....................     52.10    104.19    520.97   1,041.93
1\1/2\ to 2....................     53.18    106.36    531.78   1,063.55
2 to 2\1/2\....................     54.28    108.56    542.81   1,085.62
2\1/2\ to 3....................     55.41    110.81    554.07   1,108.15
3 to 3\1/2\....................     56.56    113.11    565.57   1,131.14
3\1/2\ to 4....................     57.73    115.46    577.31   1,154.61
4 to 4\1/2\....................     58.93    117.86    589.28   1,178.57
4\1/2\ to 5....................     60.15    120.30    601.51   1,203.02
5 to 5\1/2\....................     61.40    122.80    613.99   1,227.99
5\1/2\ to 6....................     62.67    125.35    626.73   1,253.47
6 to 6\1/2\....................     63.97    127.95    639.74   1,279.48
6\1/2\ to 7....................     65.30    130.60    653.01   1,306.03
7 to 7\1/2\....................     66.66    133.31    666.56   1,333.13
7\1/2\ to 8....................     68.04    136.08    680.39   1,360.73
8 to 8\1/2\....................     69.45    138.90    694.51   1,389.09
8\1/2\ to 9....................     70.89    141.78    708.92   1,417.85
9 to 9\1/2\....................     72.36    144.73    723.63   1,447.27
9\1/2\ to 10...................     73.86    147.73    738.65   1,477.30
10 to 10\1/2\..................     75.40    150.80    753.98   1,507.95
10\1/2\ to 11..................     76.96    153.92    769.62   1,539.24
11 to 11\1/2\..................     78.56    157.12    785.59   1,571.18
11\1/2\ to 12..................     80.19    160.38    801.89   1,603.78
12 to 12\1/2\..................     81.85    163.71    818.53   1,637.06
12\1/2\ to 13..................     83.55    167.10    835.52   1,671.03
13 to 13\1/2\..................     85.29    170.57    852.85   1,705.71
13\1/2\ to 14..................     87.05    174.11    870.55   1,741.10
14 to 14\1/2\..................     88.86    177.72    888.61   1,777.23
14\1/2\ to 15..................     90.71    181.41    907.05   1,814.10
15 to 15\1/2\..................     92.59    185.17    925.87   1,851.75
15\1/2\ to 16..................     94.51    189.02    945.09   1,890.17
16 to 16\1/2\..................     96.47    192.94    964.70   1,929.39
16\1/2\ to 17..................     98.47    196.94    984.71   1,969.43
17 to 17\1/2\..................    100.51    201.03  1,005.15   2,010.29
17\1/2\ to 18..................    102.60    205.20  1,026.00   2,052.01
18 to 18\1/2\..................    104.73    209.46  1,047.29   2,094.58
18\1/2\ to 19..................    106.90    213.80  1,069.02   2,138.05
19 to 19\1/2\..................    109.12    218.24  1,091.21   2,182.41
19\1/2\ to 20..................    111.38    222.77  1,113.85   2,227.70
20 to 20\1/2\ \2\..............    113.70    227.39  1,136.96   2,273.92
------------------------------------------------------------------------
\1\ Based on redemption values of $1,000 bond.
\2\ At a future date prior to June 1, 1986 (20 years after issue date of
  the first bonds), this table will be extended to show redemption
  values for periods of holding of 20\1/2\ years and beyond.


[[Page 247]]


  Table B--Table of Redemption Values Providing an Investment Yield of
 5.00 Percent Per Annum for Bonds Bearing Issue Dates Beginning January
                                 1, 1970
 Table shows the increase in redemption value for each successive half-
   year term of holding following the date of issue on Retirement Plan
   Bonds bearing issue dates beginning January 1, 1970. The redemption
      values have been determined to provide an investment yield of
  approximately 5.00 percent \1\ per annum, compounded semiannually, on
  the purchase price from issue date to the beginning of each half-year
 period. The period to maturity is indeterminate in accordance with the
            provisions of Sec.  341.1(b) of this circular.\2\
------------------------------------------------------------------------
                                               Issue price
                                ----------------------------------------
                                 Redemption values during each half-year
Period after issue date (years)  period (values increase on first day of
                                              period shown)
                                ----------------------------------------
                                    $50      $100      $500      $1,000
------------------------------------------------------------------------
First \1/2\....................    $50.00   $100.00   $500.00  $1,000.00
\1/2\ to 1.....................     51.25    102.50    512.50   1,025.00
1 to 1\1/2\....................     52.53    105.06    525.31   1,050.62
1\1/2\ to 2....................     53.84    107.69    538.45   1,076.89
2 to 2\1/2\....................     55.19    110.38    551.91   1,103.81
2\1/2\ to 3....................     56.57    113.14    565.70   1,131.41
3 to 3\1/2\....................     57.98    115.97    579.85   1,159.69
3\1/2\ to 4....................     59.43    118.87    594.34   1,188.69
4 to 4\1/2\....................     60.92    121.84    609.20   1,218.40
4\1/2\ to 5....................     62.44    124.89    624.43   1,248.86
5 to 5\1/2\....................     64.00    128.01    640.04   1,280.08
5\1/2\ to 6....................     65.60    131.21    656.04   1,312.09
6 to 6\1/2\....................     67.24    134.49    672.44   1,344.89
6\1/2\ to 7....................     68.93    137.85    689.26   1,378.51
7 to 7\1/2\....................     70.65    141.30    706.49   1,412.97
7\1/2\ to 8....................     72.42    144.83    724.15   1,448.30
8 to 8\1/2\....................     74.22    148.45    742.25   1,484.51
8\1/2\ to 9....................     76.08    152.16    760.81   1,521.62
9 to 9\1/2\....................     77.98    155.97    779.83   1,559.66
9\1/2\ to 10...................     79.93    159.86    799.33   1,598.65
10 to 10\1/2\..................     81.93    163.86    819.31   1,638.62
10\1/2\ to 11..................     83.98    167.96    839.79   1,679.58
11 to 11\1/2\..................     86.08    172.16    860.79   1,721.57
11\1/2\ to 12..................     88.23    176.46    882.31   1,764.61
12 to 12\1/2\..................     90.44    180.87    904.36   1,808.73
12\1/2\ to 13..................     92.70    185.39    926.97   1,853.94
13 to 13\1/2\..................     95.02    190.03    950.15   1,900.29
13\1/2\ to 14..................     97.39    194.78    973.90   1,947.80
14 to 14\1/2\..................     99.82    199.65    998.25   1,996.50
14\1/2\ to 15..................    102.32    204.64  1,023.20   2,046.41
15 to 15\1/2\..................    104.88    209.76  1,048.78   2,097.57
15\1/2\ to 16..................    107.50    215.00  1,075.00   2,150.01
16 to 16\1/2\..................    110.19    220.38  1,101.88   2,203.76
16\1/2\ to 17..................    112.94    225.88  1,129.43   2,258.85
17 to 17\1/2\..................    115.77    231.53  1,157.66   2,315.32
17\1/2\ to 18..................    118.66    237.32  1,186.60   2,373.21
18 to 18\1/2\..................    121.63    243.25  1,216.27   2,432.54
18\1/2\ to 19..................    124.67    249.34  1,246.67   2,493.35
19 to 19\1/2\..................    127.78    255.57  1,277.84   2,555.68
19\1/2\ to 20..................    130.98    261.96  1,309.79   2,619.57
20 to 20\1/2\..................    134.25    268.51  1,342.53   2,685.06
------------------------------------------------------------------------
\1\ Based on redemption values of $1,000 bond.
\2\ At a future date prior to January 1, 1990 (20 years after issue date
  of the first bonds) this table will be extended to show redemption
  values for periods of holding of 20\1/2\ years and beyond.


 Table C--Table of Redemption Values Providing an Investment Yield of 6
  Percent Per Annum for Bonds Bearing Issue Dates Beginning February 1,
                                  1974
 Table shows the increase in redemption value for each successive half-
   year term of holding following the date of issue on Retirement Plan
  Bonds bearing issue dates beginning February 1, 1974. The redemption
      values have been determined to provide an investment yield of
 approximately 6 percent \1\ per annum, compounded semiannually, on the
    purchase price from issue date to the beginning of each half-year
 period. The period to maturity is indeterminate in accordance with the
             provisions of Sec.  341.1(b) of this circular.
------------------------------------------------------------------------
                                               Issue price
                                ----------------------------------------
                                 Redemption values during each half-year
Period after issue date (years)  period (values increase on first day of
                                              period shown)
                                ----------------------------------------
                                  $50.00    $100.00   $500.00  $1,000.00
------------------------------------------------------------------------
First \1/2\....................    $50.00   $100.00   $500.00  $1,000.00
\1/2\ to 1.....................     51.50    103.00    51.500   1,030.00
1 to 1\1/2\....................     53.05    106.10    530.50   1,061.00
1\1/2\ to 2....................     54.64    109.28    546.40   1,092.80
2 to 2\1/2\....................     56.28    112.56    562.80   1,125.60
2\1/2\ to 3....................     57.96    115.92    579.60   1,159.20
3 to 3\1/2\....................     59.70    119.40    597.00   1,194.00
3\1/2\ to 4....................     61.49    122.98    614.90   1,229.80
4 to 4\1/2\....................     63.34    126.68    633.40   1,266.80
4\1/2\ to 5....................     65.24    130.48    652.40   1,304.80
5 to 5\1/2\....................     67.20    134.40    672.00   1,344.00
5\1/2\ to 6....................     69.21    138.42    692.10   1,384.20
6 to 6\1/2\....................     71.29    142.58    712.90   1,425.80
6\1/2\ to 7....................     73.43    146.86    734.30   1,468.60
7 to 7\1/2\....................     75.63    151.26    756.30   1,512.60
712 to 8.......................     77.90    155.80    779.00   1,558.00
8 to 8\1/2\....................     80.24    160.48    802.40   1,604.80
8\1/2\ to 9....................     82.64    165.28    826.40   1,652.80
9 to 9\1/2\....................     85.12    170.24    851.20   1,702.40
9\1/2\ to 10...................     87.68    175.36    876.80   1,753.60
10 to 10\1/2\..................     90.31    180.62    903.10   1,806.20
10\1/2\ to 11..................     93.01    186.02    930.10   1,860.20
11 to 11\1/2\..................     95.81    191.62    958.10   1,916.20
11\1/2\ to 12..................     98.68    197.36    986.80   1,973.60
12 to 12\1/2\..................    101.64    203.28  1,016.40   2,032.80
12\1/2\ to 13..................    104.69    209.38  1,046.90   2,093.80
13 to 13\1/2\..................    107.83    215.66  1,078.30   2,156.60
13\1/2\ to 14..................    111.06    222.12  1,110.60   2,221.20
14 to 14\1/2\..................    114.40    228.80  1,144.00   2,288.00
14\1/2\ to 15..................    117.83    235.66  1,178.30   2,356.60
15 to 15\1/2\..................    121.36    242.72  1,213.60   2,427.20
15\1/2\ to 16..................    125.00    250.00  1,250.00   2,500.00
16 to 16\1/2\..................    128.75    257.50  1,287.50   2,575.00
16\1/2\ to 17..................    132.62    265.24  1,326.20   2,652.40
17 to 17\1/2\..................    136.60    273.20  1,366.00   2,732.00
17\1/2\ to 18..................    140.69    281.38  1,406.90   2,813.80
18 to 18\1/2\..................    144.91    289.82  1,449.10   2,898.20
18\1/2\ to 19..................    149.26    298.52  1,492.60   2,985.20
19 to 19\1/2\..................    153.74    307.48  1,537.40   3,074.80
19\1/2\ to 20..................    158.35    316.70  1,583.50   3,167.00
20 to 20\1/2\..................    163.10    326.20  1,631.00   3,262.00
------------------------------------------------------------------------
\1\ Based on redemption values of $1,000 bond.


[[Page 248]]


  Table D--Table of Redemption Values Providing an Investment Yield of
 6.50 Percent Per Annum for Bonds Bearing Issue Dates Beginning Aug. 1,
                                  1979
 Table shows the increase in redemption value for each successive half-
   year term of holding following the date of issue on Retirement Plan
   Bonds bearing issue dates beginning August 1, 1979. The redemption
      values have been determined to provide an investment yield of
 approximately 6.50 percent \1\ per annum, compounded semi-annually, on
  the purchase price from issue date to the beginning of each half-year
 period. The period to maturity is indeterminate in accordance with the
            provisions of Sec.  341.1(b) of this circular.\2\
------------------------------------------------------------------------
                                               Issue price
                                ----------------------------------------
                                 Redemption values during each half-year
Period after issue date (years)  period (values increase on first day of
                                              period shown)
                                ----------------------------------------
                                    $50      $100      $500      $1,000
------------------------------------------------------------------------
First \1/2\....................    $50.00   $100.00   $500.00  $1,000.00
\1/2\ to 1.....................     51.62    103.24    516.20   1,032.40
1 to 1\1/2\....................     53.30    106.60    533.00   1,066.00
1\1/2\ to 2....................     55.04    110.08    550.40   1,100.80
2 to 2\1/2\....................     56.82    113.64    568.20   1,136.40
2\1/2\ to 3....................     58.68    117.36    586.80   1,173.60
3 to 3\1/2\....................     60.58    121.16    605.80   1,211.60
3\1/2\ to 4....................     62.54    125.08    625.40   1,250.80
4 to 4\1/2\....................     64.58    129.16    645.80   1,291.60
4\1/2\ to 5....................     66.68    133.36    666.80   1,333.60
5 to 5\1/2\....................     68.84    137.68    688.40   1,376.80
5\1/2\ to 6....................     71.08    142.16    710.80   1,421.60
6 to 6\1/2\....................     73.40    146.80    734.00   1,468.00
6\1/2\ to 7....................     75.78    151.56    757.80   1,515.60
7 to 7\1/2\....................     78.24    156.48    782.40   1,564.80
7\1/2\ to 8....................     80.78    161.56    807.80   1,615.60
8 to 8\1/2\....................     83.40    166.80    834.00   1,668.00
8\1/2\ to 9....................     86.12    172.24    861.20   1,722.40
9 to 9\1/2\....................     88.92    177.84    889.20   1,778.40
9\1/2\ to 10...................     91.80    183.60    918.00   1,836.00
10 to 10\1/2\..................     94.80    189.60    948.00   1,896.00
10\1/2\ to 11..................     97.88    195.76    978.80   1,957.60
11 to 11\1/2\..................    101.06    202.12  1,010.60   2,021.20
11\1/2\ to 12..................    104.34    208.68  1,043.40   2,086.80
12 to 12\1/2\..................    107.72    215.44  1,077.20   2,154.40
12\1/2\ to 13..................    111.22    222.44  1,112.20   2,224.40
13 to 13\1/2\..................    114.84    229.68  1,148.40   2,296.80
13\1/2\ to 14..................    118.58    237.16  1,185.80   2,371.60
14 to 14\1/2\..................    122.44    244.88  1,224.40   2,448.80
14\1/2\ to 15..................    126.42    252.84  1,264.20   2,528.40
15 to 15\1/2\..................    130.52    261.04  1,305.20   2,610.40
15\1/2\ to 16..................    134.76    269.52  1,347.60   2,695.20
16 to 16\1/2\..................    139.14    278.28  1,391.40   2,782.80
16\1/2\ to 17..................    143.66    287.32  1,436.60   2,873.20
17 to 17\1/2\..................    148.34    296.68  1,483.40   2,966.80
17\1/2\ to 18..................    153.16    306.32  1,531.60   3,063.20
18 to 18\1/2\..................    158.12    316.24  1,581.20   3,162.40
18\1/2\ to 19..................    163.26    326.52  1,632.60   3,265.20
19 to 19\1/2\..................    168.58    337.16  1,685.80   3,371.60
19\1/2\ to 20..................    174.06    348.12  1,740.60   3,481.20
20 to 20\1/2\..................    179.72    359.44  1,797.20   3,594.40
------------------------------------------------------------------------
\1\ Based on redemption values of $1,000 bond.
\2\ At a future date prior to Aug. 1, 1999 (20 years after issue date of
  the first bonds) this table will be extended to show redemption values
  for periods of holding of 20\1/2\ years and beyond.


  Table E--Table of Redemption Values Providing an Investment Yield of
 8.00 Percent Per Annum for Bonds Bearing Issue Dates Beginning November
                                 1, 1980
  Note: This table shows how Retirement Plan Bonds bearing issue dates
   beginning November 1, 1980, by denomination, increase in redemption
     value during successive half-year periods following issue. The
redemption values have been determined to provide an investment yield of
 8.00 percent per annum, compounded semiannually, on the purchase price
from issue date to the beginning of each half-year period. The period to
   maturity is indeterminate in accordance with the provisions of Sec.
                                341.1(b).
------------------------------------------------------------------------
                                               Issue price
                                ----------------------------------------
                                 Redemption values during each half-year
Period after issue date (years)  period (values increase on first day of
                                              period shown)
                                ----------------------------------------
                                  $50.00    $100.00   $500.00  $1,000.00
------------------------------------------------------------------------
First half year................    $50.00   $100.00   $500.00  $1,000.00
.5 to 1.0......................     52.00    104.00    520.00   1,040.00
1.0 to 1.5.....................     54.08    108.16    540.80   1,081.60
1.5 to 2.0.....................     56.24    112.48    562.40   1,124.80
2.0 to 2.5.....................     58.50    117.00    585.00   1,170.00
2.5 to 3.0.....................     60.84    121.68    608.40   1,216.80
3.0 to 3.5.....................     63.26    126.52    632.60   1,265.20
3.5 to 4.0.....................     65.80    131.60    658.00   1,316.00
4.0 to 4.5.....................     68.42    136.84    684.20   1,368.40
4.5 to 5.0.....................     71.16    141.32    711.60   1,423.20
5.0 to 5.5.....................     74.02    148.04    740.20   1,480.40
5.5 to 6.0.....................     76.98    153.96    769.80   1,539.60
6.0 to 6.5.....................     80.06    160.12    800.60   1,601.20
6.5 to 7.0.....................     83.26    166.52    832.60   1,665.20
7.0 to 7.5.....................     86.58    173.16    865.80   1,731.60
7.5 to 8.0.....................     90.04    180.08    900.40   1,800.80
8.0 to 8.5.....................     93.64    187.28    936.40   1,872.80
8.5 to 9.0.....................     97.40    194.80    974.00   1,948.00
9.0 to 9.5.....................    101.30    202.60  1,013.00   2,026.00
9.5 to 10.0....................    105.34    210.68  1,053.40   2,106.80
10.0 to 10.5...................    109.56    219.12  1,095.60   2,191.20
10.5 to 11.0...................    113.94    227.88  1,139.40   2,278.80
11.0 to 11.5...................    118.50    237.00  1,185.00   2,370.00
11.5 to 12.0...................    123.24    246.48  1,232.40   2,464.80
12.0 to 12.5...................    128.16    256.32  1,281.60   2,563.20
12.5 to 13.0...................    133.30    266.60  1,333.00   2,666.00
13.0 to 13.5...................    138.62    277.24  1,386.20   2,772.40
13.5 to 14.0...................    144.16    288.32  1,441.60   2,883.20
14.0 to 14.5...................    149.94    299.88  1,499.40   2,998.80
14.5 to 15.0...................    155.94    311.88  1,559.40   3,118.80
15.0 to 15.5...................    162.16    324.32  1,621.60   3,243.20
15.5 to 16.0...................    168.66    337.32  1,686.60   3,373.20
16.0 to 16.5...................    175.40    350.80  1,754.00   3,508.00
16.5 to 17.0...................    182.42    364.84  1,824.20   3,648.40
17.0 to 17.5...................    189.72    379.44  1,897.20   3,794.40
17.5 to 18.0...................    197.30    394.60  1,973.00   3,946.00
18.0 to 18.5...................    205.20    410.40  2,052.00   4,104.00
18.5 to 19.0...................    213.40    426.80  2,134.00   4,268.00
19.0 to 19.5...................    221.94    443.88  2,219.40   4,438.80
19.5 to 20.0...................    230.82    461.64  2,308.20   4,616.40
20.0 to 20.5...................    240.06    480.12  2,400.60   4,801.20
------------------------------------------------------------------------


[[Page 249]]


  Table F--Table of Redemption Values Providing an Investment Yield of
 9.00 Percent Per Annum for Bonds Bearing Issue Dates Beginning October
                                 1, 1981
  Note: This table shows how Retirement Plan Bonds bearing issue dates
beginning October 1, 1981, by denomination, increase in redemption value
   during successive half-year periods following issue. The redemption
   values have been determined to provide an investment yield of 9.00
 percent per annum, compounded semiannually, on the purchase price from
   issue date to the beginning of each half-year period. The period to
   maturity is indeterminate in accordance with the provisions of Sec.
                                341.1(b).
------------------------------------------------------------------------
                                               Issue price
                                ----------------------------------------
                                 Redemption values during each half-year
Period after issue date (years)  period (values increase on first day of
                                              period shown)
                                ----------------------------------------
                                  $50.00    $100.00   $500.00  $1,000.00
------------------------------------------------------------------------
First half year................    $50.00   $100.00   $500.00  $1,000.00
.5 to 1.0......................     52.24    104.48    522.40   1,044.80
1.0 to 1.5.....................     54.60    109.20    546.00   1,092.00
1.5 to 2.0.....................     57.06    114.12    570.60   1,141.20
2.0 to 2.5.....................     59.62    119.24    596.20   1,192.40
2.5 to 3.0.....................     62.30    124.60    623.00   1,246.00
3.0 to 3.5.....................     65.12    130.24    651.20   1,302.40
3.5 to 4.0.....................     68.04    136.08    680.40   1,360.80
4.0 to 4.5.....................     71.10    142.20    711.00   1,422.00
4.5 to 5.0.....................     74.30    148.60    743.00   1,486.00
5.0 to 5.5.....................     77.64    155.28    776.40   1,552.80
5.5 to 6.0.....................     81.14    162.28    811.40   1,622.80
6.0 to 6.5.....................     84.80    169.60    848.00   1,696.00
6.5 to 7.0.....................     88.60    177.20    886.00   1,772.00
7.0 to 7.5.....................     92.60    185.20    926.00   1,852.00
7.5 to 8.0.....................     96.76    193.52    967.60   1,935.20
8.0 to 8.5.....................    101.12    202.24  1,011.20   2,022.40
8.5 to 9.0.....................    105.66    211.32  1,056.60   2,113.20
9.0 to 9.5.....................    110.42    220.84  1,104.20   2,208.40
9.5 to 10.0....................    115.40    230.80  1,154.00   2,308.00
10.0 to 10.5...................    120.58    241.16  1,205.80   2,411.60
10.5 to 11.0...................    126.02    252.04  1,260.20   2,520.40
11.0 to 11.5...................    131.68    263.36  1,316.80   2,633.60
11.5 to 12.0...................    137.60    275.20  1,376.00   2,752.00
12.0 to 12.5...................    143.80    287.60  1,438.00   2,876.00
12.5 to 13.0...................    150.28    300.56  1,502.80   3,005.60
13.0 to 13.5...................    157.04    314.08  1,570.40   3,140.80
13.5 to 14.0...................    164.10    328.20  1,641.00   3,282.00
14.0 to 14.5...................    171.48    342.96  1,714.80   3,429.60
14.5 to 15.0...................    179.20    358.40  1,792.00   3,584.00
15.0 to 15.5...................    187.26    374.52  1,872.60   3,745.20
15.5 to 16.0...................    195.70    391.40  1,957.00   3,914.00
16.0 to 16.5...................    204.50    409.00  2,045.00   4,090.00
16.5 to 17.0...................    213.70    427.40  2,137.00   4,274.00
17.0 to 17.5...................    223.32    446.64  2,233.20   4,466.40
17.5 to 18.0...................    233.36    466.72  2,333.60   4,667.20
18.0 to 18.5...................    243.86    487.72  2,438.60   4,877.20
18.5 to 19.0...................    254.84    509.68  2,548.40   5,096.80
19.0 to 19.5...................    266.32    532.64  2,663.20   5,326.40
19.5 to 20.0...................    278.30    556.60  2,783.00   5,566.00
20.0 to 20.5...................    290.82    581.64  2,908.20   5,816.40
------------------------------------------------------------------------


[28 FR 405, Jan. 16, 1963, as amended at 31 FR 7625, May 27, 1966; 35 FR 
224, Jan. 7, 1970; 39 FR 4661, Feb. 6, 1974; 45 FR 53393, Aug. 11, 1980; 
46 FR 60573, Dec. 11, 1981]