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Maturities


Q. Which series of Ontario Savings Bonds have already matured?
A.

The following OSB series have already matured:

Series Type Term Maturity Date
1995 Variable 5 years March 1, 2000
1996 Variable 5 years June 21, 2001
  Step-Up 5 years June 21, 2001
1997 Variable 7 years June 21, 2004
  Step-Up 7 years June 21, 2004
  Fixed 3 years June 21, 2000
1998 Variable 7 years June 21, 2005
  Step-Up 5 years June 21, 2003
  Fixed 3 years June 21, 2001
1999 Variable 7 years June 21, 2006
  Step-Up 5 years June 21, 2004
  Fixed 3 years June 21, 2002
2000 Variable 7 years June 21, 2007
  Step-Up 5 years June 21, 2005
  Fixed 3 years June 21, 2003
2001 Variable 7 years June 21, 2008
  Step-Up 5 years June 21, 2006
  Fixed 3 years June 21, 2004
2002 Variable 7 years June 21, 2009
  Step-Up 5 years June 21, 2007
  Fixed 3 years June 21, 2005
2003 Variable 7 years June 21, 2010
  Step-Up 5 years June 21, 2008
  Fixed 3 years June 21, 2006
2004 Variable 7 years June 21, 2011
  Step-Up 5 years June 21, 2009
  Fixed 3 years June 21, 2007
2005 Variable 7 years June 21, 2012
  Step-Up 5 years June 21, 2010
  Fixed 3 years June 21, 2008
2006 Variable 7 years June 21, 2013
  Step-Up 5 years June 21, 2011
  Fixed 3 years June 21, 2009
2007 Variable 7 years June 21, 2014
  Step-Up 5 years June 21, 2012
  Fixed 3 years June 21, 2010
2008 Variable 7 years June 21, 2015
  Step-Up 5 years June 21, 2013
  Fixed 3 years June 21, 2011
2009 Variable 7 years June 21, 2016
  Step-Up 5 years June 21, 2014
  Fixed 2 years June 21, 2011
  Fixed 3 years June 21, 2012
  Fixed 5 years June 21, 2014
2010 Variable 3 years June 21, 2013
  Step-Up 5 years June 21, 2015
  Fixed 3 years June 21, 2013
2011 Variable 3 years June 21, 2014
  Step-Up 5 years June 21, 2016
  Fixed 3 years June 21, 2014
2012 Variable 3 years June 21, 2015
  Fixed 3 years June 21, 2015
2013 Variable 3 years June 21, 2016
  Fixed 3 years June 21, 2016
 
Q. What do I do with my Ontario Savings Bonds that have already matured?
A.

Bonds that have already matured can be redeemed at any time at a Canadian financial institution where you have an account. Please note that no interest is earned on OSBs after their maturity date.

 
Q. Can maturing Ontario Savings Bonds be rolled into the new 2016 Series?
A.

Yes. The proceeds of maturing OSBs can be rolled into the new 2016 Series. Bondholders should present their OSB certificate to their financial institution where it can be held until the Maturity Date. Bondholders must also complete a Purchase Application Form and make the payment, either by cheque, bank draft or money order, payable to their financial institution. The form of payment should be dated June 21, 2016. Please note, not all financial institutions offer this service to their clients.


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