Redemption Value Tables
- Matured Canada Savings Bonds (Series 32-45)
Regular Interest "R" Bonds of these bonds are redeemable at their par value only. Compound Interest "C" Bonds of these series are redeemable at par plus accrued interest. The redemption value shown in the table includes the total earned interest. Matured Canada Savings Bonds (Series 32-45)
- Matured Old Style Canada Savings Bonds (Series 1-31)
The redemption values shown for Series 17 to 31 include the value of the maturity cash bonus payment. Please note that the value of any attached coupons, compound-interest certificates or applicable interim cash bonuses are not included in the redemption value shown in the table and must be added to that value.
When a Canada Savings Bond of one of the following series is redeemed (Series 22, 23, 25, 26, 27 and 28), the owner may be eligible for an interim cash bonus payment which became due and payable on 1 November 1979. If this interim cash bonus has previously been paid, the upper left-hand corner of the related bond certificate will have been removed as evidence of payment. If the upper left-hand corner is still intact, the value of the interim cash bonus payment must be added to the redemption value shown in the table. Do not remove the upper left-hand corner from the bond when the bond is presented for redemption. Old-Style Canada Savings Bonds (Series 1-31)
Redemptions during the Closed-Book Period
If a regular interest bond is redeemed during the closed book period, interest for that year will be paid on the anniversary date and unearned interest for the months not elapsed will be deducted from the par value of the bonds at the time of redemption. Therefore, the redemption values shown in the Redemption Value Tables for regular interest “R” bonds redeemed during this closed book period are:
For Canada Savings Bonds: the par value less the unearned interest for one or two months, as appropriate.
For Canada Premium Bonds: an amount equal to the interest earned since the last anniversary date will be deducted from the proceeds of redemption as that amount will be included in the registered owner’s annual interest payment.