Canada Savings Bond
Canada Savings Bonds are investment instruments offered by the Government of Canada on sale between early October and December 1 every year. Unlike a true marketable bond, Canada Savings Bonds or CSBs are debentures.
The financial product is issued by the Bank of Canada and claims to offer a competitive rate of interest and has a guaranteed minimum interest rate.
Read more about Canada Savings Bond: Types of CSBs, Plans Offered Through CSBs, 2012 Changes, History, The Future of The Program
Famous quotes containing the words canada and/or bond:
“This universal exhibition in Canada of the tools and sinews of war reminded me of the keeper of a menagerie showing his animals’ claws. It was the English leopard showing his claws.”
—Henry David Thoreau (1817–1862)
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—William Shakespeare (1564–1616)