UpDate - Vol. 14, No. 27, Page 14
April 13, 1995
1995 campus savings bond drive scheduled April 17 through 28

     The University of Delaware will conduct its 1995 U.S. Savings
Bond campaign from April 17-28.  Employees are able to purchase up to
four bonds with different owners and with different purchase prices.
     Using payroll deduction, employees also may choose to have bonds
deducted from their first pay, second pay or both pays each month.
     During the campaign, employees may elect to purchase bonds or
increase their current bond allocations through payroll deduction.
     Interest on Series EE bonds is compounded semiannually. The
current interest rate is 5.92 percent and a minimum rate of 4 percent
is guaranteed on bonds held for five or more years.
     A supplement in next week's UpDate will feature several UD
employees already taking advantage of the U.S. Savings Bond program on
campus.