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of <h1>Guidelines for Repayment of 8% Savings Bonds: Notify Bondholders, Ensure Timely Payments, Maintain Records, Submit Reports.</h1> The circular outlines the procedures for the repayment of 8% Savings (Taxable) Bonds, 2003, maturing from April 21, 2009. Agency banks must notify bondholders one month before maturity and ensure no interest accrues post-maturity. Repayment will be made via pay order or electronic credit, for which bondholders must provide bank account details. If details are unavailable, repayment requires a completed discharge form. Payments should occur on the due date, and records must be meticulously maintained. Monthly reports on repayments are to be submitted to relevant authorities. Compliance with these procedures is mandatory for efficient bond redemption.
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