"War bonds are debt securities issued by a government to finance military operations and other expenditure in times of war. They are also a means to ...
[Read more]
control inflation by removing money from circulation from a stimulated wartime economy. War bonds are either retail bonds marketed directly to the public or wholesale bonds traded on a stock market. Exhortations to buy war bonds are often accompanied by appeals to patriotism and conscience. Retail war bonds, like other retail bonds, tend to have a yield which is below that offered by the market and are often made available in a wide range of denominations to make them affordable for all citizens." - (en.wikipedia.org 11.12.2021)