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Canada Savings Bonds (CSBs) are no longer available for purchase as of November If you are a Payroll Savings Plan owner, as bonds in your plan reach maturity they will automatically be paid out to you.

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Payroll Savings Plan owners: All bonds are paid out by cheque or direct deposit upon maturity. Certificated bond owners: Redeem matured bonds at your. Have your bonds reached their maturity date? Matured bonds no longer earn interest. Learn how to check your bond's maturity date and when to redeem it.

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Canada Savings Bonds and Canada Premium Bonds continue to earn interest until maturity or redemption. If a regular interest bond is redeemed during the closed book period, interest for that year will be paid on the anniversary date and. Oct 13, - For Payroll Savings Plan owners, bond series that have matured will no longer Find the list of CSB and CPB series with their maturity dates at.

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May 11, - Canada Savings Bond is a financial product issued by the Bank of all existing bonds at the time of maturity or redemption, and unmatured. May 16, - It offered a higher interest rate than a Canada Savings Bond with the same If a CPB is redeemed before it reaches maturity, the redeemer will.

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Canada Savings Bonds were investment instruments that were offered by the Government of Canada Investment Bonds were non-redeemable until maturity, but were shorter-term bonds with a three-year maturity. They were available only. Feb 6, - The sale of Canada Saving Bonds (CSB) and Canada Premium Bonds to earn interest until redemption or maturity, whichever comes first.

Canada savings bond mature

Nov 21, - Bond series in your plan will continue to earn interest until redemption or maturity, whichever comes first. Go to CSB Online Services to validate. Definition of Canada Savings Bond in the Financial Dictionary - by Free A CSB is redeemable for cash at any time, but usually has a maturity of 10 years.

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Nov 1, - There are two types of savings bonds offered by the Canadian When you buy a bond, you are loaning money to the government for a set. For all matured Bonds, interest is paid up to the maturity date. . When a Canada Savings Bond of one of these series is redeemed (Series 22, 23,

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Oct 29, - NOTE: If you exported an inventory of bonds from the Savings Bond Wizard to Final Maturity Date–The date each bond stops earning interest. Oct 8, - Finance today announced interest rates for Canada Savings Bond (CSB) with year terms to maturity, will carry interest rates as follows.