---
kind: "section"
citation: "31 C.F.R. § 351.70"
title: "31"
number: "351.70"
heading: "How are redemption values calculated for book-entry Series EE savings bonds?"
url: "https://uscodex.org/cfr/31/351.70"
---

# §351.70. How are redemption values calculated for book-entry Series EE savings bonds?


We base current redemption values (CRV) for book-entry Series EE savings bonds on the definitive savings bond CRV. We use the CRV for a $100 principal amount as calculated in [§ 351.16](/cfr/31/351.16.md) to calculate a CRV prorated to the book-entry principal investment amount for the corresponding issue and redemption dates. Calculated book-entry CRV will be rounded to the nearest one cent. 2 The formula is as follows:


## Notes

### Amendments

[68 FR 24796, May 8, 2003, as amended at 75 FR 52460, Aug. 26, 2010]

### Authority

Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3105.

### Source

Source: 68 FR 24796, May 8, 2003, unless otherwise noted.

### Amendments

[68 FR 24796, May 8, 2003, as amended at 75 FR 52460, Aug. 26, 2010]