Series E Savings Bond

Liberty Loan war bonds became an important fundraising model for the US. Funding efforts for World War II were similar in many ways to the efforts of World War I. The Series E bonds replaced the Liberty Loan bonds of World War I and were sold in numerous drives with the help of both volunteers and Hollywood celebrities. The Series E bonds were known initially as “defense bonds” when they were introduced in 1941, then “war bonds” during the height of the war years and finally just “savings bonds” until they were discontinued in 1980. Series E bonds were replaced by Series EE bonds, which are still sold today, though only in digital form. In total, Series E bonds raised $185.7 billion.