Ontario Savings Bonds 2018

Ontario Savings Bonds 2018

From June 1-21, you can buy Ontario Savings Bonds where you bank or invest. Bonds are safe and secure. In fact, the Province of Ontario backs both the principal investment and any interest you earn.

2018 Bond Rates

Variable-Rate Bond Rate

5-year Step-Up Bond Rate
1st year 1.50%
2nd year 1.80%
3rd year 2.15%
4th year 2.30%
5th year 2.55%

Fixed-Rate BondRate

Types of Ontario Savings Bonds

To best meet your investment needs, we offer three types of Ontario Savings Bonds. All are available with annual or compound interest.

  • Fixed-Rate - Choose a term of three years or 10 years and keep the same competitive rate for the full term.
  • Step-Up Rate - Competitive interest rate increases each year for its 5-year term.
  • Variable-Rate - A new rate is set every year for three years.

How to Buy and Redeem

OSBs can be purchased in person at banks, trust companies, participating credit unions, caisses populaires or by contacting an investment dealer.

On June 21, 2018 the following OSBs matured:
  • 2011 Seven-Year Fixed-Rate Bonds
  • 2013 Step-Up Bonds
  • 2015 Variable-Rate Bonds and Three-Year Fixed-Rate Bonds

All matured bonds can be redeemed at any time after maturity. Bring your bonds to your financial institution, trust company, caisses populaires, credit union or contact your investment dealer.

Step-Up Rate Bonds can be redeemed before their maturity date on June 21 and December 21. Variable-Rate Bonds can be redeemed on June 21 only.

All bondholders have up to 14 calendar days to redeem their bonds.

Fixed-Rate bonds cannot be redeemed before their maturity date.

The contents of this website is intended for general information purposes only and does not constitute an offer to sell or a solicitation of offers to purchase securities. It has not been approved by any securities regulatory authority and it is not sufficient for the purpose of deciding to purchase securities. Ontario Savings Bonds are offered subject to their terms and conditions and only to qualified residents of the Province of Ontario and subject to the applicable securities legislation. Investors considering the purchase of Ontario Savings Bonds should consult with their financial or legal advisor. The contents of this website may have errors or omissions resulting from electronic conversion, downloading of unauthorized modifications. While the information, when posted or released, was believed to be reliable as of its date, NO WARRANTY IS MADE AS TO THE ACCURACY OR COMPLETENESS OF THIS DOCUMENT OR THE INFORMATION IT CONTAINS.