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The value of a $100 savings bond purchased in 1993 would have accrued interest over the years, as U.S. savings bonds earn interest until redeemed or until they reach final maturity. Depending on the specific type of bond (such as Series EE or Series I), the bond could have a different value today. As of October 2023, a Series EE bond issued in 1993 would be worth approximately $200 or more, depending on the interest rates and compounding effects over the years. For an exact value, it's best to check with the U.S. Department of the Treasury's bond calculator.

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1w ago

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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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