Canada Savings Bonds and Canada Premium Bonds continue to earn interest until maturity or redemption.
Search redemption values, view matured series valuesand read about redemptions during the closed-book period. Regular Interest "R" Bonds of these bonds are redeemable at their par value only. Compound Interest "C" Bonds of these series are redeemable at par plus accrued interest.
The redemption value shown in the table includes the total earned interest. Matured Canada Savings Bonds Series The redemption values shown for Series 17 to 31 include the value of the maturity cash bonus payment.
Please note that the value of any attached coupons, compound-interest certificates or applicable interim cash bonuses are not included in the redemption value shown in the table and must be added to that value. When a Canada Savings Bond of one of the following series is redeemed Series 22, 23, 25, 26, 27 and 28the owner may be eligible for an interim cash bonus payment which became due and payable on 1 November If this interim cash bonus has previously been paid, the upper left-hand corner of the related Savings bond maturity value certificate will have been removed as evidence of payment.
If the upper left-hand corner is still intact, the value of the interim cash bonus payment must be added to the redemption value shown in the table. Do not remove the upper left-hand corner from the bond when the bond is presented for redemption.
If a regular interest bond is redeemed during the closed book period, interest for that year will be paid on Savings bond maturity value anniversary date and unearned interest for the months not elapsed will be deducted from the par value of the bonds at the time of redemption.
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Resources Quick access to forms, rates, redemption values, reference material and services. Redemption Value Tables S40 Search redemption values, view matured series valuesand read about redemptions during the closed-book period. Regular Interest Compound Interest.
Redemptions during the Closed-Book Period If a regular interest bond is redeemed during the closed book period, interest for that year will be paid on the anniversary date and unearned interest for the months not elapsed will be deducted from the par value of the bonds at the time of redemption.
These bonds were purchased at half their face value. During the extended maturity period, the bond continues to earn interest according to. Ever buy a child a U.S.
savings bond? payout can range from three times to about nine times face value once some bonds reach full maturity. The problem is that there have been many changes to how savings bonds are purchased and interest is set. With no ability to predict the rate.