Ontario Savings Bonds (OSBs) are bond securities issued by the province of Ontario. Introduced in 2001, OSBs' principal and interest are backed by the Province of Ontario. The OSBs are available from financial institutions, credit unions, caisses populaires and investment dealers.
Unlike the Canada Savings Bond, OSBs are sold only to residents of Ontario.
Read more about Ontario Savings Bonds: Types of Bonds
Famous quotes containing the word bonds:
“In America a woman loses her independence for ever in the bonds of matrimony. While there is less constraint on girls there than anywhere else, a wife submits to stricter obligations. For the former, her father’s house is a home of freedom and pleasure; for the latter, her husband’s is almost a cloister.”
—Alexis de Tocqueville (1805–1859)