I purchased a $100 savings bond as an investment, but when I tried to redeem it, I was told that it's only worth $50 now. I don't understand why its value has decreased by half. Can someone explain this to me?
7 answers
Claudio
Wed Oct 30 2024
When a savings bond is sold at a discount, it signifies that the investor purchases it for an amount less than its eventual redemption price.
Sebastiano
Wed Oct 30 2024
There exist two fundamental factors that can contribute to a bond being valued below its stated face value.
Carlo
Wed Oct 30 2024
One such scenario occurs with savings bonds, which are often issued at a price lower than their face value.
MysticChaser
Tue Oct 29 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the digital asset market.
ZenMind
Tue Oct 29 2024
As the bond moves closer to its maturity date, its price gradually increases.