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Canada Premium Bond - CPB |
Also found in: Acronyms | 0.04 sec. |
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Canada Premium Bond - CPB A debt instrument issued by the Bank of Canada that offers a higher interest rate than a Canada Savings Bond (CSB) with the same issuance date. Notes: While a Canada Savings Bond is redeemable at any time, a Canada Premium Bond is redeemable once a year. It must be redeemed either on the anniversary of the issue date or within 30 days of it.See also: Bond, Central Bank, Compound, Canada Savings Bonds - CSB, Debt Security, Interest, Redemption |
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Canada Premium Bonds