Executive Order 11298

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Signed by President  Lyndon B. Johnson  Sunday, August 14, 1966 Federal Register  page & date: 31 FR 575
The Saving Deposit Program (SDP), a benefit for U.S. military members serving in combat zones, still uses this EO for interest calculation.

Executive Order 11298 -- Prescribing the interest rate for deposit of savings of members of the uniformed services

By virtue of the authority vested in me by Section 1035 of Title 10 of the United States Code, as amended by the Act of August 14, 1966, I hereby prescribe that amounts deposited by members of the uniformed services under that Section shall accrue interest at the rate of ten percent per annum, compounded quarterly.

This order shall be effective September 1, 1966.

Source: The provisions of Executive Order 11298 of Aug. 14, 1966, appear at 31 FR 10915, 3 CFR, 1966-1970 Comp., p. 575, unless otherwise noted.

This work is in the public domain in the United States because it is a work of the United States federal government (see 17 U.S.C. 105).