The Treasury will now redeem at par, crystallising a nice gain for investors, just as Spreadbury had anticipated.

I don't think it should be redeemed at par, he said.

And the word was-astoundingly-thatthedebt would be redeemed at par.

To be redeemed at par-ifCongress ever has the ability to pay, that is.

The bonds will be issued at par on March 11 and redeemed at par on Jan. 1 2017.

Why, my countrymen, United States notes may now travel the circuit of the world with undiminished honor, and be everywhere redeemed at par in coin.