A $300 billion lost and found: Steve Forbes can afford to turn his back on found money, but can you?

Kiplinger's Personal Finance Magazine, August, 1998 by Stephanie Gallagher

([dagger]) Internet only

SOURCE: [c] 1998 Bank Rate Monitor, 11811 US Highway, 1, N. Palm Beach, FL 33408; 800-327-7717; www.bankrate.com

Yield Benchmarks
                        RECENT      MONTH-AGO     YEARS-AGO
Bonds & Treasuries      YIELD         YIELD         YIELD
U.S. series EE
 savings bonds          5.06%(*)     5.06%(*)      5.68%
One-year Treasury
 bills                  5.38         5.15          5.61
Five-year Treasury
 notes                  5.50         5.54          6.33
Ten-year Treasury
 notes                  5.45         5.66          6.45

(*) For bonds purchased after May 1, 1997; 4.47 for bonds purchased earlier.

SOURCE FOR TREASURIES: Technical Data

Savings bonds EE savings bonds purchased before May 1, 1997, earn a minimum of 4% or, if held at least five years, a market-based rate. Bonds bought after that earn a market-based rate from date of purchase. For an explanation of rates on older bonds, write fro Form PD 3600 (The Bureau of the Public Debt, Parkersburg, WV 26106).

Treasuries You can purchase Treasury securities from a bank or broker for a fee. If you want to purchase them directly, contact the nearest Federal Reserve Bank or branch or the Bureau of the Public Debt, Division of Customer Services, Washington, DC 20239; 202-874-4000.