| Q. |
When are Ontario Savings Bonds on sale?
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| A. |
Generally, OSB’s are on sale during the first three weeks of June.
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| Q. |
When are the interest rates for the new series of Ontario Savings Bonds announced?
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| A. |
The interest rates for the new series of OSBs are generally announced on the first day of sales.
For the new OSB interest rates, please click here.
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| Q. |
When can Ontario Savings Bonds certificates be picked up from the financial institution in which they were purchased?
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| A. |
OSB certificates are generally available for pick up from the financial institution
in which they were purchased after the civic holiday in August, i.e., after August 5, 2008.
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| Q. |
Are Ontario Savings Bonds and Canada Savings Bonds the same?
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| A. |
No. Ontario Savings Bonds and Canada Savings Bonds are not the same. OSBs are 100 per cent backed by the
Provincial Government while CSBs are issued by the Federal Government.
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| Q. |
Are Ontario Savings Bonds insured by the Canadian Deposit Insurance Corporation (CDIC)?
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| A. |
No. OSBs are not insured by CDIC. OSBs are backed 100% by the Province of Ontario.
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