1966 Patriot Bond Issuance Act (1965)
“ Article 9 The offering and sale and the principal and interest payments of the certificates of each issue of the Bond shall be managed by the Central Bank. Article 10 The certificates of any issue of the Bond may be freely traded, pledged, or used as guarantees in official dealings, and may serve as guarantee reserve of financial enterprises. Article 11 Interest on the certificates of each issue of the Bond is exempt from income tax. ”
