Savings bonds are typically purchased at a discount and then mature over time, accruing interest. When a savings bond reaches maturity, it can be redeemed for its full face value, which in this case would be $100. However, if you try to cash a savings bond before it reaches maturity, you may not receive its full value and may be subject to fees or penalties.
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Savings bonds are typically purchased at a discount and then mature over time, accruing interest. When a savings bond reaches maturity, it can be redeemed for its full face value, which in this case would be $100. However, if you try to cash a savings bond before it reaches maturity, you may not receive its full value and may be subject to fees or penalties.