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:
“I fear that I have not got much to say about Canada, not having seen much; what I got by going to Canada was a cold.”
—Henry David Thoreau (1817–1862)
“I therefore, the prisoner in the Lord, beg you to lead a life worthy of the calling to which you have been called, with all humility and gentleness, with patience, bearing with one another in love, making every effort to maintain the unity of the Spirit in the bond of peace.”
—Bible: New Testament, Ephesians 4:1-3.