Definitions for "Savings Bonds"
Issued by the Ministry of Finance, savings bonds have maturities from 3 to 10 years, and are issued to Thai investors through authorized selling agents. The bonds must be held for one year, after which they are freely tradeable across investor type.
Nonnegotiable bonds backed by the full faith and credit of the U.S. govern- ment that are issued in denominations ranging from $50 to $10,000. See also: Series EE
a bond backed by the US government
Keywords:  lump, attracts, sum, return, fixed
a lump sum investment account which attracts a fixed rate of return over a set period