Find information about certificated bonds administered by the Canada Savings Bonds Program and what to do if you own them.
What are certificated bonds?
If you purchased a certificated bond issued by the Government of Canada you received a physical paper certificate. To redeem, you will need the original certificate.
All bonds stop earning interest once their maturity date has passed, so it is in the registered owner’s best interest to redeem them as soon as possible after that date.
As of December 2021, all Canada Savings Bonds and Canada Premium Bonds have reached maturity and stopped earning interest. They should be redeemed by presenting the matured bond certificates to your financial institution.
Types of certificated bonds
Canada Savings Bonds (CSBs) and Canada Premium Bonds (CPBs)
Canada Savings Bonds Series 1–31
CSBs issued from 1946 to 1976 are large in size and may or may not have interest coupons attached.
All CSBs from this period have reached their maturity date and no longer earn interest and should be redeemed as soon as possible by presenting the original bond certificate (with or without coupons) at your financial institution.
Sample bond certificate issued between 1946–1976 with the interest coupons attached. Bond certificates may vary slightly from this image.
Canada Savings Bonds Series 32 - 134
CSBs issued from 1977 to 2016 do not have coupons attached.
Sample CSB bond certificate issued in 1977. Bond certificates may vary slightly from this image.
Sample CSB bond certificate issued in 1992. Bond certificates may vary slightly from this image.
These bonds accrue either regular interest or compound interest.
Regular interest bonds
- Simple interest accumulates monthly and interest is paid on the anniversary of the issue date by direct deposit or cheque until the bond matures or is redeemed, whichever comes first.
- Interest payments are issued by cheque or direct deposit based on the information we have on file.
If you haven't received your regular interest payments, your information may be out of date. To find out, contact us.
Compound interest bonds
- Interest accrues annually on the anniversary date for a particular series until it reaches maturity.
- At maturity, the registered owner receives the full face value of the bond plus all interest earned when the physical paper certificated bond is presented at a financial institution.
All CSBs have reached maturity and no longer earn interest. Redeem as soon as possible by presenting the original bond certificate at your financial institution.
See interest rates for matured CSBs.
Canada Premium Bonds
CPBs issued from 1998 to 2016 are similar to the CSBs issued during the same period.
Sample CPB bond certificate. Bond certificates may vary slightly from sample this image.
These bonds accrue either regular interest or compound interest.
All CPBs have reached maturity and no longer earn interest. Redeem as soon as possible by presenting the original bond certificate at your financial institution.
See interest rates for matured CPBs.
Government of Canada Market Issue Bonds
The last certificated Government of Canada Market Issue Bonds issued will come to maturity by June 2025. Market Issue bonds can only be redeemed after their maturity date has passed.
Sample image of a Government of Canada Market Issue bond. Bond certificates may vary slightly from this image.
Registered Market Issue Bonds
- Registered bonds
- Interest payments are issued twice a year by cheque or direct deposit based on the information we have on file
If your mailing address and/or banking information has changed, contact us to update your information.
If you own a registered Market Issue Bond that has reached maturity, you should redeem it as soon as possible by presenting the certificate at your financial institution for the face value of the bond.
If you cannot locate your Market Issue bond certificate, contact us at 1‑833‑876‑2267
Bearer Market Issue Bonds
- Bearer bonds with interest coupons
- Interest is paid by presenting the interest coupons at your financial institution
If you own a bearer Market Issue Bond that has reached maturity, you should redeem it as soon as possible by presenting the certificate along with any remaining matured coupons at your financial institution for the face value of the bond and any remaining interest.
Dominion of Canada War Loans and Victory Loans
Dominion of Canada War Loans and Victory Loans were issued from 1941 to 1946 to finance Canada’s war effort. These loans have all reached their maturity date and no longer earn interest and should be redeemed.
Sample image of a Dominion of Canada Victory Loan certificate. Loan certificates may vary slightly from this image.
Registered Dominion of Canada War Loans or Victory Loans
- Registered loans
- Interest payments were issued twice a year by cheque
If you own a registered Dominion of Canada War Loan or Victory Loan, you should redeem it as soon as possible by presenting the certificate at your financial institution for the face value of the loan.
Bearer Dominion of Canada War Loans or Victory Loans
- Bearer loans with interest coupons
- Interest is paid by presenting the interest coupons at your financial institution
If you own a bearer Dominion of Canada War Loan or Victory Loan, you should redeem it as soon as possible by presenting the certificate along with any remaining coupons at your financial institution for the face value of the loan and any remaining interest.
War Savings Certificates
These certificates were issued from 1940 to 1946 to finance Canada’s war effort.
Sample image of a War Savings certificate. Certificates may vary slightly from this image.
These are redeemable for the face value printed on the certificate. All War Savings Certificates have reached their maturity date and no longer earn interest. If you own a War Savings Certificate, you should redeem it as soon as possible by contacting us.
Additional resources
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