Fiscal Data Savings Bonds Pieces Outstanding · Pieces of paper savings bonds by series, at the end of each month

How many paper savings bonds are outstanding, and how many were issued and redeemed?

The month ended : of the 15 lines, the change over a year was largest for Series EE redeemed, up 0.8%, and smallest for Series HH outstanding, down 9.9%.

Paper savings bonds issued, redeemed and outstanding, all series, each month

September 2016 to September 2026Not seasonally adjusted, as publishedNo picture is made of these rows; their numbers are in the table

Paper savings bonds issued, redeemed and outstanding, all series, each month, one row for each measure
  • All series issued6861.0146859.523 to 13722.029
  • All series redeemed6592.6176311.162 to 13169.069
  • All series outstanding268.398268.398 to 552.960

Paper savings bonds issued, redeemed and outstanding, series i, each month

September 2016 to September 2026Not seasonally adjusted, as publishedNo picture is made of these rows; their numbers are in the table

Paper savings bonds issued, redeemed and outstanding, series i, each month, one row for each measure
  • Series I issued179.340178.157 to 358.679
  • Series I redeemed155.33862.123 to 309.438
  • Series I outstanding24.00224.002 to 116.034

Paper savings bonds issued, redeemed and outstanding, series ee, each month

September 2016 to September 2026Not seasonally adjusted, as publishedNo picture is made of these rows; their numbers are in the table

Paper savings bonds issued, redeemed and outstanding, series ee, each month, one row for each measure
  • Series EE issued1976.1461975.839 to 3952.293
  • Series EE redeemed1752.1511574.333 to 3489.916
  • Series EE outstanding223.996223.996 to 462.377

Paper savings bonds issued, redeemed and outstanding, series e, each month

September 2016 to September 2026Not seasonally adjusted, as publishedNo picture is made of these rows; their numbers are in the table

Paper savings bonds issued, redeemed and outstanding, series e, each month, one row for each measure
  • Series E issued4599.4194599.419 to 9198.837
  • Series E redeemed4579.6674571.849 to 9158.858
  • Series E outstanding19.75119.751 to 39.980

Each row is one line of the page over the last ten years, one month to a point, on a scale shared by the rows of the tab, with its newest value and its range printed beside it and a dashed line at zero. A gap is a month with no value. Pointing at the chart shows the month and the value.

Observed .

Paper savings bonds issued, redeemed and outstanding, smaller older series, each month

September 2016 to September 2026Not seasonally adjusted, as publishedNo picture is made of these rows; their numbers are in the table

Paper savings bonds issued, redeemed and outstanding, smaller older series, each month, one row for each measure
  • Series HH outstanding0.4540.454 to 2.998
  • Savings notes outstanding0.1340.134 to 0.271
  • Series H outstanding0.0270.027 to 0.054

Each row is one line of the page over the last ten years, one month to a point, on a scale shared by the rows of the tab, with its newest value and its range printed beside it and a dashed line at zero. A gap is a month with no value. Pointing at the chart shows the month and the value.

Observed .

Right now

Over a year to September 2026, of the 15 lines on this page the change was largest for Series EE redeemed, up 0.8%, and smallest for Series HH outstanding, down 9.9%.

Of these lines, 3 rose, 7 fell and 5 did not change over the year (ours, from the published values).

See every line with its value and rank

By lineOver a year, ours

Paper savings bonds issued, redeemed and outstanding, change over a year, by line

September 2025 to September 2026Percent, ours, from the published values

  • 1 Series EE redeemed +0.8% now 1,752.151 million
  • 1 Series I redeemed +0.8% now 155.338 million
  • 3 All series redeemed +0.2% now 6,592.617 million
  • 4 All series issued 0.0% now 6,861.014 million
  • 4 Series E issued 0.0% now 4,599.419 million
  • 4 Series E redeemed 0.0% now 4,579.667 million
  • 4 Series EE issued 0.0% now 1,976.146 million
  • 4 Series I issued 0.0% now 179.340 million
  • 9 Savings notes outstanding −1.5% now 0.134 million
  • 10 Series H outstanding −1.7% now 0.027 million
  • 11 Series E outstanding −2.2% now 19.751 million
  • 12 Series I outstanding −4.6% now 24.002 million
  • 13 All series outstanding −5.4% now 268.398 million
  • 14 Series EE outstanding −5.8% now 223.996 million
  • 15 Series HH outstanding −9.9% now 0.454 million
  • All series
  • Series I
  • Series EE
  • Series E
  • Smaller older series

Each bar is the change in one line over a year, the largest first, with its rank at the left and its newest value under the figure. A line with its own page links it from its name. A change below zero runs to the left of the zero line. The colour says which section of the page a line is in.

Observed .

Paper savings bonds issued, redeemed and outstanding, change over a year in each month

Percent, ours, from the published values

Paper savings bonds issued, redeemed and outstanding, change over a year in each month. Percent, ours, from the published values.
Line
All series issued0.00.00.00.00.0+100.00.00.00.00.00.00.0
All series redeemed+0.3+0.2+0.2+0.2+0.2+100.5+0.2+0.2+0.2+0.2+0.2+0.2
All series outstanding−5.5−5.5−5.5−5.4−5.3+89.3−5.3−5.2−5.3−5.3−5.4−5.4
Series I issued0.00.00.00.00.0+100.00.00.00.00.00.00.0
Series I redeemed+0.8+0.8+0.8+0.8+0.8+101.5+0.7+0.7+0.7+0.7+0.7+0.8
Series I outstanding−4.8−4.8−4.8−4.7−4.6+90.8−4.5−4.4−4.5−4.5−4.6−4.6
Series EE issued0.00.00.00.00.0+100.00.00.00.00.00.00.0
Series EE redeemed+0.9+0.8+0.8+0.8+0.8+101.6+0.8+0.8+0.8+0.8+0.8+0.8
Series EE outstanding−5.8−5.8−5.8−5.7−5.7+88.7−5.6−5.6−5.6−5.7−5.7−5.8
Series E issued0.00.00.00.00.0+100.00.00.00.00.00.00.0
Series E redeemed0.00.00.00.00.0+100.00.00.00.00.00.00.0
Series E outstanding−2.4−2.3−2.3−2.3−2.2+95.6−2.1−2.1−2.1−2.1−2.1−2.2
Series HH outstanding−17.0−15.7−14.6−13.5−12.4+76.9−10.2−9.3−8.6−8.6−9.1−9.9
Savings notes outstanding−2.1−2.1−2.0−2.0−1.9+96.2−1.8−1.7−1.7−1.6−1.6−1.5
Series H outstanding−2.1−2.0−1.7−1.6−1.5+96.9−1.5−1.5−1.5−1.4−1.5−1.7

Each chip is one month's change from the same month a year earlier. The mark in its middle is zero: a fill to the right of it is a rise and a fill to the left a fall. A longer, brighter fill is a larger change, in five steps up to 89.3 and over. Every chip prints its figure and sign.

Observed .

Understanding paper savings bonds

Where it stands today

The largest change over a year was Series EE redeemed, up 0.8%, in September 2026.

What do the lines of this page measure?

The Treasury counts the paper savings bonds it has issued and redeemed since each series began, and the ones still outstanding. A piece is one paper bond, whatever its face value. Bonds held in TreasuryDirect accounts are not in this table, so these counts are not a count of all savings bonds. This page shows the counts at the end of each month for all series together and for Series I, Series EE and Series E, and the outstanding bonds of three smaller older series: Series HH, savings notes and Series H.

Read more

Outstanding is what Treasury counts as issued and not redeemed. The Treasury's table begins in September 1998; this page shows the last ten years. Series E, HH, H and the savings notes are older series that Treasury no longer issues.

What 500metrics adds: the change over a year of each line in percent, ranked across the page; the last ten years of each line as rows of small charts; and a table of the change over a year in each of the last twelve months. The line for all series is the sum of all the series in Treasury's table and is ours.

The numbers behind the chart

What is the latest value of each line?15 lines, in the sections of the page
Paper savings bonds issued, redeemed and outstanding: the newest month of each line, its change over a year (ours) and its rank by that change; equal changes share a rank
LineSectionMonthValueChange over a yearRank
All series issuedAll series6,861.014 million0.0%4
All series redeemedAll series6,592.617 million+0.2%3
All series outstandingAll series268.398 million−5.4%13
Series I issuedSeries I179.340 million0.0%4
Series I redeemedSeries I155.338 million+0.8%1
Series I outstandingSeries I24.002 million−4.6%12
Series EE issuedSeries EE1,976.146 million0.0%4
Series EE redeemedSeries EE1,752.151 million+0.8%1
Series EE outstandingSeries EE223.996 million−5.8%14
Series E issuedSeries E4,599.419 million0.0%4
Series E redeemedSeries E4,579.667 million0.0%4
Series E outstandingSeries E19.751 million−2.2%11
Series HH outstandingSmaller older series0.454 million−9.9%15
Savings notes outstandingSmaller older series0.134 million−1.5%9
Series H outstandingSmaller older series0.027 million−1.7%10

The table scrolls sideways; the first column stays in place.

What do these figures leave out, and how are they cited?Limits, dates and how to cite

What this number cannot tell you

  • The counts are of paper bonds. Bonds held in TreasuryDirect accounts are not counted, so the issued and outstanding counts of Series I and Series EE are counts of paper bonds only. A flat line has no new paper bonds in it; the bonds sold today are not in the table.
  • A piece is a bond, not a dollar: a bond of any face value counts once. The debt by security type page shows the dollars of savings bonds as one type of Treasury debt, a different measure.
  • Issued less redeemed does not always equal outstanding; the counts are shown as Treasury publishes them.
  • The table has more series than this page shows. The smaller older ones that are not shown are in the line for all series.
  • Treasury's table prints one month in spring 2026 with the issued, redeemed and outstanding counts of every series at about twice their usual size, and the month after at their usual size again. They are shown as published, so each line has a spike in that month, and the change over a year is off for the months that compare with it.
  • The changes and the ranks are ours, worked out from the counts Treasury publishes; a change is in percent. A total since a series began changes little for a series no longer on sale.

Observed . Checked .

How to cite this

U.S. Treasury, Bureau of the Fiscal Service, Fiscal Data, Savings Bonds Pieces Outstanding, Pieces of paper savings bonds by series, at the end of each month, through September 2026. Compiled by 500metrics, "How many paper savings bonds are outstanding, and how many were issued and redeemed?", https://500metrics.com/savings-bonds.

Can the data be downloaded?savings-bonds.csv

Download the last ten years of every line as CSV: 1,815 rows, to , 100,415 bytes.

Our text and compilation: CC BY 4.0.

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