Maturities

The following OSB series have already matured:

1995 Variable-Rate Bonds matured March 1, 2000;

1996 Variable Rate Bonds matured June 21, 2001;
1996 Step-Up Bonds matured June 21, 2001;

1997 Variable-Rate Bonds matured June 21, 2004;
1997 Step-Up Bonds matured June 21, 2004;
1997 Fixed-Rate Bonds matured June 21, 2000;

1998 Variable-Rate Bonds matured June 21, 2005;
1998 Step-Up Bonds matured June 21, 2003;
1998 Fixed-Rate Bonds matured June 21, 2001;

1999 Variable-Rate Bonds matured June 21, 2006;
1999 Step-Up Bonds matured June 21, 2004;
1999 Fixed-Rate Bonds matured June 21, 2002;

2000 Variable-Rate Bonds matured June 21, 2007;
2000 Step-Up Bonds matured June 21, 2005;
2000 Fixed-Rate Bonds matured June 21, 2003;

2001 Step-Up Bonds matured June 21, 2006;
2001 Fixed-Rate Bonds matured June 21, 2004;

2002 Step-Up Bonds matured June 21, 2007;
2002 Fixed-Rate Bonds matured June 21, 2005;

2003 Fixed-Rate Bonds matured June 21, 2006;

2004 Fixed-Rate Bonds matured June 21, 2007.

For OSB series maturing this year, please click here.

Bonds that have already matured can be redeemed at any time at a Canadian financial institution where you have an account. Please note that no interest is earned on OSBs after their maturity date.

Yes. The proceeds of maturing OSBs can be rolled into the new 2008 Series. Bondholders should present their OSB certificate to their financial institution where it can be held until the Maturity Date. Bondholders must also complete a Purchase Application Form and make the payment, either by cheque, bank draft or money order, payable to their financial institution. The form of payment should be dated June 21, 2008. Please note, not all financial institutions offer this service to their clients.

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