OVER $183 MILLION INVESTED IN BONDS

Saskatchewan residents demonstrated their confidence in the province this year by purchasing $183.7 million worth of Saskatchewan Savings Bonds in June.

With this latest sale, the amount of bonds held by Saskatchewan residents stands at approximately $273.4 million.

"These bonds offer Saskatchewan people a safe and secure way to invest in the future of the province," Finance Minister Pat Atkinson said.

The province paid $13.0 million in interest to nearly 20,000 residents in approximately 500 Saskatchewan communities this year. Since 1992, more than $836.9 million in interest has been paid to holders of Saskatchewan Savings Bonds.

The bonds offer a secure investment at competitive interest rates. This year's rate was set at 4.2 per cent. Bonds were sold between June 9th and 25th of this year.

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For more information, contact:

Lorri Thacyk
Finance
Regina
Phone: 306-787-6605
Email: lthacyk@finance.gov.sk.ca