Interest Rates and Maturity Dates of Saskatchewan Savings Bonds
The interest rate applicable to each outstanding series of Saskatchewan Savings Bonds is shown below. The rate will never drop below the minimum rate for the series.
Saskatchewan Savings Bonds pay interest annually on July 15. Principal and interest will be paid by direct deposit unless the bondholder elected to receive payment by cheque. T5 tax slips are mailed in July with the deposit advice (or cheque, if applicable).
Saskatchewan Savings Bonds do not earn interest after their maturity date. The last interest payment and maturity dates for Series 1 to 16 were:
Owners of Series 1-15 matured bonds should take them to a Saskatchewan financial institution to receive payment for the principal amount of the bond(s). Series 16 bonds were redeemed by way of a payment from the Province to the bondholder.