Terrace Bay Public Library Digital Collections

Terrace Bay News, 3 Nov 1966, p. 7

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

3 RR See double yo TERRACE BAY NEWS with Canada Savings Bonds Centennial Series Canada Savings Bonds offer you their highest interest yield ever -- 5.48% a year when held to maturity. The new Bonds pay annual interest at the rate of 5% for each of the first four years; 544% for each of the next three years; 534% for the following year and 6% for each of the last five years--a total of: $72.25 in interest on every $100 Bond. And for the first time, there is a special compound interest option. To take full advantage of it, leave all the annual interest uncollected until Nov. 1, 1979, and you will get interest on your interest, amounting to $27.75 extra on every $100 Bond. It all adds up to total interest of $100 on every $100 Bond. It's a safe, sure way to save. DOUBLE YOUR MONEY with Canada Savings Bonds Centennial Series. Centennial Series This Series retains all the traditional features which make Canada Savings Bonds Canada's most favoured investment. They are still easy to buy for cash or on instalments where you work, bank or inyest. You may buy as little as $50 or as much as $10,000. Every Canadian resident may buy up to this limit. So can estates, They are still simple to cash, anytime, at any bank in Canada for their full face value plus earned interest. Just fili out the redemption form on the Bond, present it to yourbank and you'llget yourmoney right away. And now they're better than ever to keep with the highest interest yield ever and interest on interest. DOUBLE YOUR MONEY with Canada Savings Bonds Centennial Series. Page 7 ur money

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