Bonds that were issued by the U.S. government between 1941 and 1979 that were purchased for 75% of the bond's stated denomination. These bonds were the precursor to Series EE and Series HH bonds. Outstanding Series E bonds may be exchanged for its successor varieties. Interest is exempt from state and local taxes, though subject to estate, inheritance, gift tax, and federal income tax.
Series E Savings Bonds 
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