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)
“Don’t go on a man’s bond in public, nor guarantee his debts in private.”
—Chinese proverb.