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Savings bonds are sold in different denominations (also known as face value). The purchase price (also known as the issue price) of a savings bond is half of the face value.

An EE savings bond purchased twenty years ago in December 1993 for $250 with a face value of $500 is currently worth $536.00. The current value of the bond is based on the original issue price of $250 plus $286 in accrued interest.

EE savings bonds issued in 1993 have a final maturity date of 30 years and pay a fixed rate of 4.0%. A savings bond purchased in December 1993 would have a final maturity date of December 2023.

The tax liability for interest on a savings bond can be deferred until the bond is cashed in.

The exact details on any particular savings bond can be found by going to the official government website . In order to obtain information on a savings bond, you must enter the bond series, the denomination, the bond serial number and the issue date.

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Q: How much is a 20 yr old saving bond worth?
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