24 Sep 2015

Cook Islands children receive savings bond

5:14 pm on 24 September 2015

Children in the Cook Islands have received US$78 in bond certificates from the government in an effort to encourage them to save and invest for the future.

The Jubilee Jumpstart savings bond programme was launched on Wednesday at a presentation to Avarua primary school students.

As part of the 50th anniversary celebrations, the government and the Bank of the Cook Islands are providing the certificates to every year 1 to year 6 student enrolled in the country this August.

The interest over five years means each child will be entitled to collect US$97 in 2020.

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