‘Everyone Benefits

Everyone who has already bought, or who. ‘buys this year’s Canada Savings Bonds for cash, on the Payroll Savin ne Plan or the _ Monthly Savings Plan will get the new rate of 92%, even though the application forms “and bond certificates have the original rates : printed onthem, — :

Sales Period Extended — —

Investors will now be able to purchasethe: § new bonds at face value without payment of _accrued interest up to and including November 22,1978.

Higher Purchase Limit.

The individual purchase limit for the new | | - Series has been increased to $50,000. In ——— a = addition, holders of “S24” and “SR” bonds 2g é \ , ‘may still reinvest all proceeds from their ina a maturing bonds in the new Series.

‘Payroll/ Monthly Savings 4 Plans

For purchases on the Payroll Savings Plan and Monthly Savings Plan made onor before

Every) year _ for 1 years ©

marae November: 22, , pays yment schedules will .. continue to be ~~ 8.90%, even though all purchasers will get a the new rate of 94/2%.

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ased on the original rate of

. AfterNovember22

For bonds purchased for cash after _ _, November 22, accrued interest at the new * vate of 912% will be charged from ” November 1. to the end of the month of... "purchase. For instalment purchases. made

-. after‘November’22, payment schedules will.

be based’ on the new rate of 942%.

- Compound Interest Bond

With the new 912% rate of return on the - 1978/79 Series, a $100 Compound Interest,

, - Bond will now grow as follows:,

1 Nov. ] Value" Nov. _ Value ” “1979. $109.50. 1983 $157.42. 1980 $119.90: 1984. $172.38 — 1981 $131.29 1985 $188. 76 "1982" $143.77,

~ Regular Interest Bond

Each $1,000: Regular Interest Bond will now provide an interest payment o £$95. 00 " every year to maturity in 1985.

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