JSTOR was initiated in 1995 at seven different library sites, and originally encompassed ten economics and history journals. JSTOR access improved based on feedback from its initial sites, and it became a fully searchable index accessible from any ordinary web browser.
BREAKING DOWN 'U.S. Savings Bonds' A U.S. savings bond is a common type of government bond, which is a bond issued by a governmental body to raise funds from the public to fund its capital projects and other operations necessary to manage the economy.
Savings Bond Growth. Series EE savings bonds issued by the U.S. Treasury earn a fixed rate of interest with monthly accrual and semi-annual compounding. The cost of a paper savings bond is one-half of the face amount. For example, a $500 bond would cost $250. The bond would then earn interest to grow towards the face or maturity value.