The interest rate will never drop below the initial rate, but may go up depending on market conditions. The bonds are redeemable annually without penalty for the full amount plus interest. Series 10 bonds will be available at local credit unions, chartered banks, trust companies, investment dealers and authorized agents throughout Saskatchewan. The interest rate for the bonds will be announced closer to the actual sales period. Holders of maturing Series 5 SSBs have the option of cashing in their bonds or reinvesting in Series 10 Bonds.
All interest paid on the bonds stays here at home, in the pockets of Saskatchewan people.