| Short-term fixed income securities issued by any of Canada’s provinces. |
Key Benefits
- Fully guaranteed by the issuing provincial government
- Can be sold prior to maturity at market value
- Usually yields higher than the Government of Canada issued Money Market securities with similar terms
- Meets most investment policy guidelines
Return
- Sold on a discount basis
- Return to the investor is the difference between the purchase price and the maturity value
Liquidity and Investment Time Frame
- Highly liquid with active trading market
Minimum Requirement
T-Bills
- $25,000
- Multiples of $1,000 thereafter
Promissory Notes
- $100,000
- Multiples of $1,000 thereafter
For more information please contact us.
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