B10 - Wednesday, October 17, 1984 - North Shore News Canada Savings Bonds go on sale Wednesday October 24th Mark your calendar! That's the day the new 1984/85 Series of Canada Savings Bonds goes on sale. They ‘re one of the best savings or investment choices you can make. And starting October 24th until November 7th, you can purchase Canada Savings Bonds at face value without paying accrued interest. But remember: sales of the new series may be withdrawn at any time, so buy yours early! Canada Savings Bonds offer good return and cashability... guaranteed year after year Good Rate: Canada Savings Bonds always earn a good return. You can count on it! With the new series, you'll earn 11/4% interest the first year, with a guaranteed minimum rate of 7% for each of the next six years to maturity. You'll never receive less than the guaranteed rate, so you know your investment is protected. All unmatured bonds also earn the new rate: The minimum rate previously guaranteed for all unmatured series of Canada Savings Bonds has been raised to the new rate of 11/4% for the year beginning November 1, 1984. For subsequent years, these issues still benefit from the protection of their respective guaranteed rates: 7% for Series 38, 82% for Series 37 and 102% for all other unmatured series. Cashability when you need it: Unlike many other methods of savings or investment, your money 15 never locked in with Canada Savings Bonds. You can cash them at any time, with no interest penalty after the first two months. You'll recerve all the interest earned for each full month since the date of issue Choice of Bonds: There are two kinds of Canada Savings Bonds Regular Interest Bonds pay interest annually, by cheque or by automatic deposit to your account Compound Interest Bonds automatically reinvest your interest, so you earn interest on your interest until the bond 1s Cashed or matures The choice is yours Convenience: You don't need 4a lotof money to stam buying Canada Saving Bonds In tact. denominations start as low as $100 fora Compound Interest Bond What's more. instalment purchases of C ompound Interest Bonds can be made on the Monthly Savings Plan or the Pay roll Savings Plan Bonds are also easy to buy through any authored sales agent mcluding banks mvestment dealers stockbrokers trust Companies and ¢ cedil unrons Facts you should know... Series 27 and 30 mature on November Ist (on that date: Semmes 2 7 Ussged ia bao. Pav Sa ra tureity cash bonus of $397 50 per $1000 worth of bonds Cbbere was also an interno boaus of $202 SO per $1 O00 worth of bonds payable on Series 2 7 as of November) 19794 On maturing bonds of Serres sO assaed ia t4 75. the ciatueity cash bors wall be $2H! SO per $1) O00 worth of bonds Renmeniber Canada Savings Bonds do not eacb further raterest amen tnatunity sa why not keep your money work rap tor vou by mvesting tra the new issue Purchase limits. You thay buy ap te $ 5 OOO of The mew senes TH you are holding matuciap bonds in Sees 2 oor $0 a special acrangenent enables you To te ives theetr face varbare ai the ew senes co addition: to thre $5 OOU pure tiase Hronet Gaddis cdtoal pare tases cn the Maoothily Sarcage Plan are broited to cance) of $l OC aod a iain of $1 O00 Further detaths ci all C eacta Santis Berd asses ace ae aeliatobe: wherever yore brik cor tis est Canada