Series E bond

The "drive" technique used during World War I was replaced in part by a continual campaign using a payroll deduction plan.

In total, the overall campaign raised $185.7 billion from 85 million Americans, more than in any other country during the war.

[2] Li'l Abner creator Al Capp created Small Fry, a weekly newspaper comic strip whose purpose was to sell Series E bonds in support of the Treasury.

They were generally issued at 75 cents per dollar of face value, maturing at par value in a specified number of years that fluctuated with the rate of interest.

The guaranteed minimum investment yield for the bonds was 4 percent, compounded semiannually.

$100 Series E bond (1944)
President Franklin D. Roosevelt buys the first Series E bond (May 1, 1941)
Photo mural promoting the purchase of Defense Bonds, in the concourse of Grand Central Terminal (December 1941)
On June 4, 1943, students of the south-central district of the Chicago Public Schools purchased $263,148.83 in war bonds—enough to finance 125 jeeps, two pursuit planes and a motorcycle.