What happens if you cash in a 1993 $500 bond? will you get more money?
Answer:
I assume you are talking about a savings bond. Was it purchased in 1993 or reached maturity in 1993? If it matured in 1993 it will be worth more than face value. You can cash in a bond before it reaches maturity, but it will be worth less than face value.
Take it to your bank - they can both answer your question accurately as they will have all the info in front of them, and they can advise you on purchasing bonds as well.
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-100
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