Terrace Bay Public Library Digital Collections

Terrace Bay News, 18 Oct 1978, p. 13

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OCTOBER 18, 1978 TERRACE BAY NEWS PAGE 13 Canada Savi Bonds ngs Safety, nsta Simply ask for it when you buy your retirement fund, you'll choose the : i nt cash anda new bonds. Or, you can receive your ~~ Compound Interest Bond which earns return interest by cheque through the mail. interest on your interest, after the first y g For over 32 years, Canada Savings You can buy the Regular Interest year, at the guaranteed annual rate of Bonds have becn a great Canadian Bond for cash wherever you bank or 8.90%. tradition. invest in denominations of $300, Here's how the value of a $100 bond With Canada Savings Bondsyou get $500, $1,000, $5,000 and $10,000.- grows: a sate, secure investment which earns Nov.l Val Nov.l Val good interest year gitar year. And 5 The Compound ss ET iad fe they're instant cash an-time. 9 . No wonder millions of Canadians invest Interest Bond 1980 $118.26 1984 $166.79 in Canada Savings Bonds every year. If you seek savings growth, or an 1981 $128.88 1985 $181.74 New Canada Savings Bonds investment for the future, or a 1982 $140.46 are dated November I, 1978 and yield an average annual interest of 8.90% when held to maturity in 1985. Each new bond earns interest of 8.50% the first year and 9% for each of the remaining 6 years. The choices yours Canada Savings Bonds also offer you a great choice. There's a Regular Interest Bond that pays interest each year. And a Sompound Interest Bond that reinvests your oti interest pind Ja addition, holders of Choose the bond that's 3 $24" and "SR" bonds Fie for vou, i -3 may reinvest all proceeds : from their maturing The Regular Interest Bond ° bers in the new Series. If you want a regular annual income from your investment, you'll like Buy yours now yA Millions of Canadians will be buying Canada Savings Bonds again this year. So visit your bank, & investment dealer, trust company or the Regular Interest Bond which credit union as soon as possible and The Compound Interest Bond may be purchased for cash or on the convenient Monthly Savings Plan wherever you bank or invest. It is available in denominations of $100, $300, $500, $1,000, $5,000 and $10,000. . A dual purchase =e limit You may buy new Canada Savings Bonds in various amounts up to a limit of $30,000. pays interest automatically each November 1. If you're like many bondholders, you'll appreciate the direct deposit teature. With this convenient option, Lr choose the bond that's right for you. your interest is deposited directly into to Maturity Do it now and avoid the rush! your chequing or savings account. A great choice Compound Interest or Regular Interest

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