Ontario Finance Minister Janet Ecker announced Friday that sales of Ontario Savings Bonds reached $2.6 billion during the three-week campaign, May 31 to June 21.

“This is a successful campaign in a short period of time,” Ecker said. “Ontario Savings Bonds are a popular investment option for the people of Ontario and the government has a commitment to keep the interest rates competitive.”

Ontario Savings Bonds were only available for purchase by Ontario residents. All OSBs can be held in self-directed Registered Retirement and Registered Education Savings Plans. Sales have averaged $2.2 billion annually.

Ontario Savings Bonds are redeemable every six months, with the exception of the Fixed-Rate Bond, which is redeemable at maturity on June 21, 2005.