Terrace Bay Public Library Digital Collections

Terrace Bay News, 7 Nov 1968, p. 5

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Sia, | beer] TERRACE BAY NEWS PAGE 5 grows to te $250 for each $100. That's what you dan get with this year's Canada Savings Bonds. Hefe's how. The new Bonds have fourteen regular/annual interest coupons which can be cashed each yéar as they come due. The first pays 5.755%; the segond, 6.50%; the next three, 6.75°% each, and the laft nine a big 7.00% each. Total regular annual interest amounts to $95.50 on each $100 Bond. If you choose you may hold all these regular annual interest coupons uncashed until your Bond matures. If you do, you will then get interest on your interest totalling an additional $54.50 on each $100 Bond. At maturity, therefore, you can get back total Coe interest of $150 p/us your original $100 investment. This way each $100 Canada Savings Bond becomes worth $250. Other denominations can grow at the same exciting rate. Adults, children, businesses and institutions--all may buy Canada Savings Bonds. They are avail- able in convenient amounts of $50 up to $50,000 for cash or on instalments, wherever you work, bank or invest. And, as always, Canada Savings Bonds are cashable any time at full face value plus earned interest. Few investments are so profitable. None builds more surely for the future. Buy Canada Savings Bonds and make your savings really grow.

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