Canada Savings Bond CSB DCHP-2 (April 2016)
n. — Finance
a bond issued by the Bank of Canada.
Type: 1. Origin — Canada Savings Bonds were first issued in 1946, replacing Victory Bonds (see the second 1946 quotation). Their traditional 10-year term of maturity was shortened to 3 years in 2012, when a number of other product changes occurred. See also Canada Savings Bonds reference.
See also COD-2, s.v. "Canada Savings Bond".