31 CFR § 351.70 - How are redemption values calculated for book-entry Series EE savings bonds?
---
identifier: "/us/cfr/t31/s351.70"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 351.70 - How are redemption values calculated for book-entry Series EE savings bonds?"
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "351.70"
section_name: "How are redemption values calculated for book-entry Series EE savings bonds?"
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "351"
part_name: "OFFERING OF UNITED STATES SAVINGS BONDS, SERIES EE"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3105."
regulatory_source: "68 FR 24796, May 8, 2003, unless otherwise noted."
cfr_part: "351"
---
# 351.70 How are redemption values calculated for book-entry Series EE savings bonds?
We base current redemption values (CRV) for book-entry Series EE savings bonds on the definitive savings bond CRV. We use the CRV for a $100 principal amount as calculated in § 351.16 to calculate a CRV prorated to the book-entry principal investment amount for the corresponding issue and redemption dates. Calculated book-entry CRV will be rounded to the nearest one cent.
<sup>2</sup>
[^] The formula is as follows:
<sup>2</sup> Example: Calculated value of $25.044 rounds to $25.04; calculated value of $25.045 rounds to $25.05.
[Book-entry principal investment ÷ $100] × [CRV value for $100 principal amount].
[68 FR 24796, May 8, 2003, as amended at 75 FR 52460, Aug. 26, 2010]