
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, May 4, 1993                   TAG: 9305040099
SECTION: BUSINESS                    PAGE: B6   EDITION: METRO 
SOURCE: 
DATELINE: WASHINGTON                                 LENGTH: Short

SAVINGS-BOND RATES DOWN FOR 6 MONTHS

U.S. savings bonds will earn interest at a rate of 4.78 percent for the next six months, the lowest since the government began selling variable-rate bonds in 1982, the Treasury Department said Monday.

The new rate, in effect through Oct. 30, is down from 5.04 percent during the past six months. Rates are adjusted every May 1 and Nov. 1 to reflect changes in market-based rates.

Newly purchased bonds held for five years or more are guaranteed to yield a minimum of 4 percent annually. The guaranteed minimum for bonds bought before March 1 was 6 percent. - Associated Press

by CNB