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War Bonds: Debt securities issued by a government for the purpose of financing military operations during times of war. It is an emotional appeal to patriotic citizens to lend the government their money because these bonds offer a rate of return below the market rate. Investopedia Says... At first they were called Defense Bonds and issued by the U.S. Government, but that name was changed to War Bonds after the Japanese attack on Pearl Harbor on Dec 7, 1941. The bonds were zero-coupon bonds that sold for 75% of their face value in denominations from $10 to $100,000. To get an idea of the relative value of a dollar in 1942, in current terms, something that cost $1.00 in 1942, would cost around $11.00 in 2002.
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What were War bonds used for?
War bonds were used for my dick
What is the difference between war bonds and liberty bonds?
Liberty Bonds were the name given to a series of bond offerings in the United States to finance World War I. War Bonds (and Defense Bonds) were the bonds issued in the United States during WWII.
Why Americans buy War Bonds?
When people bought war bonds, they loaned the government money to help the war effort.
War bonds during world war 1?
This isn't a question. War bonds were used in WWI like any war to finance spending.
What are war bonds for World War 2?
Military Bonds You Could Purchase them to help Fund The war effort then later you could collect your money you payed for you country. The Bonds funded Weapons,Ammo, Vehicles, ETC. The Bonds played the same roles as Company Bonds.
