Canada Savings Bond - CSB

AAA

DEFINITION of 'Canada Savings Bond - CSB'

A financial product issued by the Bank of Canada. It offers a competitive rate of interest and guarantees a minimum interest rate.

INVESTOPEDIA EXPLAINS 'Canada Savings Bond - CSB'

Canada Savings Bonds have both regular and compound interest features and are redeemable at any time.

RELATED TERMS
  1. Capital Pool Company (TSX Venture)

    A new, fledgling company trading on Canada's TSX Venture exchange ...
  2. Central Bank

    The entity responsible for overseeing the monetary system for ...
  3. Compound

    The ability of an asset to generate earnings, which are then ...
  4. Interest

    1. The charge for the privilege of borrowing money, typically ...
  5. Bond

    A debt investment in which an investor loans money to an entity ...
  6. Canada Premium Bond - CPB

    A debt instrument issued by the Bank of Canada that offers a ...
Related Articles
  1. Savings

    Tax-Saving Tips For Canadian Taxpayers

  2. Bonds & Fixed Income

    Savings Bonds For Income And Safety

  3. Bonds & Fixed Income

    What determines the price of a bond ...

  4. Bonds & Fixed Income

    How long will it take for a bond to ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center