When can you purchase Canada Premium Bonds (CPB)?

Canada Premium Bonds (CPB) are specifically designed for Canadians and are sold through a unique annual offering. This offering occurs only during a designated period which typically begins in October and runs until early December. Therefore, the correct choice reflects the timeline when these bonds are available for purchase.

The period starts in October because that’s when the Government of Canada makes the bonds available to the public for purchase. The bonds are then sold until early December, aligning with the established timeframe for this particular investment opportunity. Understanding that CPBs are not available for purchase in other months is critical, as it clarifies the limited window in which investors can take advantage of this savings vehicle.

In contrast, the other months do not coincide with the annual offering period for CPBs, making them incorrect choices for the timing of purchasing these bonds. Recognizing these timelines is essential for investors who are interested in Canada Premium Bonds as part of their financial strategy.