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Mutilated, Destroyed, Stolen or Lost Bonds

Q. What happens if an Ontario Savings Bond becomes lost, stolen, mutilated or destroyed?
A.

If an OSB becomes lost, stolen, mutilated or destroyed, the Registrar will, at the request of the Bondholder, issue a replacement bond. In order for a lost, stolen, mutilated or destroyed OSB to be replaced, the following is required:

  1. evidence, satisfactory to the Province and Registrar, that such a Bond was lost; stolen, mutilated or destroyed; and
  2. a Bond of indemnity, issued by a Surety company satisfactory to the Province and Registrar, in such form as the Province may require. There is an administrative fee charged by the Surety company which is borne by the registered holder.

If the bond has matured, payment by cheque will be issued to you instead of a replacement bond.

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