It's a special bond.

Ontario Savings Bonds Calculator

Ontario Savings Bonds Rates

SERIES 1996

Step-Up Bond
Matured on June 21, 2001. These bonds are redeemable at any time.
No interest will be earned after the maturity date.


Period

Annual Interest Rate

6/21/1996 - 6/20/1997

4.50 %

6/21/1997 - 6/20/1998

5.75 %

6/21/1998 - 6/20/1999

6.25 %

6/21/1999 - 6/20/2000

7.25 %

6/21/2000 - 6/20/2001

9.00 %


Variable-Rate Bond
Matured on June 21, 2001. These bonds are redeemable at any time.
No interest will be earned after the maturity date.

Period

Annual Interest Rate

6/21/1996 - 12/20/1996

4.75 %

12/21/1996 - 6/20/1997

3.25 %

6/21/1997 - 12/20/1997

3.25 %

12/21/1997 - 6/20/1998

4.25 %

6/21/1998 - 12/20/1998

5.00 %

12/21/1998 - 6/20/1999

4.75 %

6/21/1999 - 12/20/1999

5.00 %

12/21/1999 - 6/20/2000

5.00 %

6/21/2000 - 12/20/2000

6.00 %

12/21/2000 - 6/20/2001

5.75 %


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