US Savings Bonds

Question: What does the denomination on an EE savings bond really mean?

I have an Us Savings Bond Series EE issued in April of 2008, more than ten years ago, and the denomination on the bond says $100… what does this really mean? if I were to cash it today it’d be worth $76 and I know it was purchased originally for half the denomination, $50… so what is the $100?… any layman explanation of how these work would be greatly appreciated

Answer: Its what the bond will cash for if you hold it to its complete maturity…

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