BROWSE

Canada Premium Bond (CPB)

What is '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.

Explaining 'Canada Premium Bond - CPB'

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.


Further Reading


Fiscal rules: Theoretical issues and historical experiences
www.nber.org [PDF]
… activity in both the US and Canada. The Canadian monetary disturbances affected both … importance of US variables in explaining the forecast error variance in Canadian variables … response in consumer price inflation. Rising bond yields possibly reflect rising risk premium due …

Public debt overhangs: advanced-economy episodes since 1800Public debt overhangs: advanced-economy episodes since 1800
www.aeaweb.org [PDF]
… activity in both the US and Canada. The Canadian monetary disturbances affected both … importance of US variables in explaining the forecast error variance in Canadian variables … response in consumer price inflation. Rising bond yields possibly reflect rising risk premium due …

Understanding financial crisis through accounting modelsUnderstanding financial crisis through accounting models
www.sciencedirect.com [PDF]
… activity in both the US and Canada. The Canadian monetary disturbances affected both … importance of US variables in explaining the forecast error variance in Canadian variables … response in consumer price inflation. Rising bond yields possibly reflect rising risk premium due …

Measuring and explaining competition in the financial sectorMeasuring and explaining competition in the financial sector
dspace.library.uu.nl [PDF]
… activity in both the US and Canada. The Canadian monetary disturbances affected both … importance of US variables in explaining the forecast error variance in Canadian variables … response in consumer price inflation. Rising bond yields possibly reflect rising risk premium due …

Using financial indicators to predict turning points in the business cycle: The case of the leading economic index for the United StatesUsing financial indicators to predict turning points in the business cycle: The case of the leading economic index for the United States
www.sciencedirect.com [PDF]
… activity in both the US and Canada. The Canadian monetary disturbances affected both … importance of US variables in explaining the forecast error variance in Canadian variables … response in consumer price inflation. Rising bond yields possibly reflect rising risk premium due …

Competition and efficiency in the Dutch life insurance industryCompetition and efficiency in the Dutch life insurance industry
www.tandfonline.com [PDF]
… activity in both the US and Canada. The Canadian monetary disturbances affected both … importance of US variables in explaining the forecast error variance in Canadian variables … response in consumer price inflation. Rising bond yields possibly reflect rising risk premium due …

Y2K options and the liquidity premium in treasury bond marketsY2K options and the liquidity premium in treasury bond markets
www.econstor.eu [PDF]
… activity in both the US and Canada. The Canadian monetary disturbances affected both … importance of US variables in explaining the forecast error variance in Canadian variables … response in consumer price inflation. Rising bond yields possibly reflect rising risk premium due …



Q&A About Canada Premium Bond (CPB)


What is the name of this debt instrument?

Canada Premium Bond.

When must you redeem your CPB?

You must redeem your CPB once per year, either on the anniversary of its issue date or within three days of it.

How often can you redeem your CPB?

Once per year, either on the anniversary of the issue date or within three days of it.

What does a CPB offer that a CSB doesn't?

A CPB offers a higher interest rate than a CSB with the same issuance date.

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