- Certain conditions apply. For full details and conditions, contact your advisor.
- Rates subject to change daily - without notice - depending on the market.
- Upon redemption by the Bank, the principal will be paid plus accrued interest.
GIC rate as of October 31, 2022 ¹ ⁻ ²
GIC rate as of January 23, 2023 ¹ ⁻ ²
Investment |
Conditions
|
Issuers
|
Gross |
High Interest Accounts | redeemable in 24
hours | Major Canadian Banks |
4.25%
|
1 year GIC | redeemable without penalty after
30 days | National Bank |
4.60% |
2 months GIC |
Non-redeemable | National Bank | 4.70% |
3 months GIC |
Non-redeemable | National Bank | 4.85% |
6 months GIC |
Non-redeemable | National Bank | 5.10% |
9 months GIC |
Non-redeemable | National Bank | 5.20% |
1 year GIC |
Non-redeemable | National Bank |
5.28% |
18 months GIC |
Non-redeemable | Bank of Montreal | 5.01% |
2-year GIC |
Non-redeemable | National Bank |
4.80% |
3-year GIC |
Non-redeemable | National Bank |
4.65% |
4-year GIC |
Non-redeemable | National Bank |
4.50% |
5-year GIC |
Non-redeemable | National Bank |
4.50% |
Some important details:
- Management fees are to be expected
- The rates presented were negotiated for tranches of $500,000 and more
Structured fixed income as of January 23, 2023 ¹ ⁻ ²
Notes
|
Terms
|
Underlying
|
Structures
|
Capital protection
|
Sales period
|
Bank of Montreal Solactive Canada Bank 40 AR Index AutoCallable Principal Protected Deposit Notes, Series 104 ** FEBRUARY ISSUE ** | 7 years (If not redeemed) | Indice Solactive Canada Bank 40 AR |
Redemption rates : | 100%
capital protection at maturity
|
Until Feb. 1st Issued on
|
Extendible Flex GICs with Coupons, Series 29
** OPEN WEDNESDAY ** | 3 years (If not redeemed) | s.o. |
5,30 % | 5,30 % | 5,30 % Yield to maturity : 5,30 | 5,30 | 5,30 | 100% capital protection at maturity | Begin
on 25 janv. |
Some important details:
- Redeemable after 1 year (at the discretion of the Bank)³
- Fixed coupon each year if not redeemed and semi-annual payments
- Fixed Return applicable on the Call Valuation Date if the Benchmark Portfolio Return is equal to or greater than the 0% Redemption Threshold (Canadian Bank AutoCallable)
- Liquidity: Daily subject to market conditions
- Initial value is not guaranteed when selling during the term
- Eligible for CDIC deposit insurance
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