I didn't know this but I was looking into some things this morning and found this link at the Treasury Direct website, excerpt:
"you can invest in electronic savings bonds (also referred to as book–entry savings bonds) each calendar year by purchasing as much as:They changed a law in 2008 that lowered the limit you can purchase of US Savings Bonds to just $5K PER YEAR? Huh? What is going on here?
$5,000 in Series EE Bonds (Ed.: Whaaaaaaat?), and
$5,000 in I Series Bonds."
Regular marketable US Treasury securities also have a limit, but it is $5M per auction. This is certainly a lot for an individual, but for a non-financial corporation that is sitting on 100s of millions if not $billions of retained earnings, this could create a problem.
How could you think you have a "funding problem" and then at the same time implement these ridiculously small purchase limits for bond buyers?
Corporate welfare for the banks and Primary Dealers? What else could it be?