Savings bond
Description
A savings bond is a government bond designed to provide funds for the issuer while also providing a relatively safe investment for the purchaser to save money, typically a retail investor. The earliest savings bonds were the war bond programs of World War II. Examples of savings bonds include:Canada Savings Bond Ontario Savings Bond Saskatchewan Savings Bond Japanese Government Bonds for Retail Investors United States Savings Bonds
Wikipedia. CC BY-SA 4.0. Updated Sep 17, 2022.