The Freedom Share is a Savings Note, not a Savings Bond. In 1967, Savings Notes, sometimes called Freedom Shares, were offered with a return of 4.74% when held to maturity of four years and six months. These notes could be purchased only in combination with Series E bonds of the same or greater denominations. This offer was effective from May 1, 1967, until close of business October 31, 1970. Notes were offered in four denominations: $25, $50, $75, and $100. The Treasury discontinued the sale of Freedom Shares mainly because the notes were never very popular and financing the savings security portion of the debt could be accomplished satisfactorily through E and H bonds.

1. Select Misc > Redeem Bond.
2. In the Denominations column, type the denomination amount in increments of $25, $50, $75, or $100.
3. In the Issue Date column, type the appropriate date using dd/yyyy format.
4. In the Series column, click the drop down arrow and select S.

• To automatically fill in the Redemption Value and Interest Paid columns, press Tab.
• To add additional savings notes or savings bonds for redemption, repeat steps 2 through 5 and add the appropriate information.

5. After you have entered all savings notes or bonds, press Insert.
6. In the Redeem Bond screen, type the necessary information in the remaining fields. Press Enter.
7. Complete the transactions.

Note: The effective date range for the "S" series savings bond is from May 1, 1967 through October 31, 1970.

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000046549