Reply To: Clipping coupons

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#1311527
Ex-CTLawyer
Participant

I used to, but way back in 1983 the Treasury Department issued regulations that all new bond issues had to be Registered. No more Bearer Bonds with Coupons to clip and deposit for interest payments.. Since bonds typically had a life not exceeding 30 years, I clipped my last coupons back in 2012.