A savings bond is a
government bond
A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments'','' and to repay the face value on the maturity dat ...
designed to provide funds for the issuer while also providing a relatively safe investment for the purchaser to save money, typically a
retail investor
There are two basic financial market participant distinctions, investor vs. speculator and institutional vs. retail. Action in financial markets by central banks is usually regarded as intervention rather than participation.
Supply side vs. ...
. The earliest savings bonds were the
war bond
War bonds (sometimes referred to as Victory bonds, particularly in propaganda) are debt securities issued by a government to finance military operations and other expenditure in times of war without raising taxes to an unpopular level. They are a ...
programs of
World War II. Examples of savings bonds include:
*
Canada Savings Bond
**
Ontario Savings Bond
Ontario Savings Bonds (OSBs) were bond securities offered by the province of Ontario from 1995 to 2018. Unlike the Canada Savings Bond, OSBs were sold only to residents of Ontario, and their principal and interest were backed by the Province of On ...
**
Saskatchewan Savings Bond
*
Japanese Government Bonds for Retail Investors
*
United States Savings Bonds
United States savings bonds are debt securities issued by the United States Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S. savings bonds are considered one of the safest investments because they are backed b ...
{{SIA
Bonds (finance)