War Bonds

War bonds are debt securities issued by governments to raise funds for military operations during wartime. When individuals purchase war bonds, they effectively lend money to the government with the promise of repayment plus interest after a set period. These bonds not only help finance the war effort but also encourage patriotism and financial support among citizens. Historically significant during World War I and World War II, war bonds were marketed as a way for citizens to contribute to their country’s defense while earning a return on their investment.