Answer:
IT is a savings Bond and can't be cashed immediately answer is FALSE
Step-by-step explanation:
A Bond is a fixed income statement instrument that represents a loan made to Government or companies/corporations by individuals. issuing of bonds is a way Government raise money from the public to finance projects and in some point the investor will get paid back with some interest on his investment.
A savings Bond can be cashed out by logging into Treasury direct and following the instructions and the cash will be credited to your checking or savings account within 2 business days of redemption and not right away