 The heads of veterans associations met with Roosevelt and promised that they would recommend their members to hold their bonds until they matured in 1945.The Act replaced the service certificates awarded to veterans under the World War Adjusted Compensation Act of 1924 with bonds issued by the Treasury Department in denominations of $50.The bonds paid interest at an annual rate of 3 percent from June 15, 1936, to June 15, 1945, higher than rates available to savings accounts.