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GICs - Best Rates (from over 20 Institutions)
The best rates for cashable GICs, and GICs with interest paid at maturity, annually, semi-annually, and monthly can be found on the GIC Rates page.
Strip Bonds
| Issuer |
Maturity |
Issuer Type |
DBRS Rating |
Offer Price |
Annual Yield
to Maturity |
| Bank Of Montreal |
20-Feb-11 |
Prov |
AH |
92.350 |
3.539 |
| NS Power |
27-Apr-14 |
Corp |
AL |
80.270 |
4.098 |
| Newfoundland |
7-Jul-18 |
Prov |
AL |
61.990 |
5.070 |
| Ontario |
13-Jan-21 |
Prov |
AA |
52.630 |
5.409 |
Manitoba |
5-Sep-25 |
Prov |
AH |
38.160 |
5.892 |
| Quebec |
1-Dec-30 |
Prov |
AH |
28.580 |
5.839 |
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Highlights from our Bond Inventory - Federal, Provincial, and Corporate Bonds
| Issuer |
Coupon |
Maturity |
Issuer
Type |
DBRS
Rating |
Offer Price |
Annual Yield
to Maturity |
| Manitoba |
5.250 |
2-Mar-09 |
Prov |
AH |
101.09 |
1.82 |
| Canada Mortgage Bond Trust |
4.650 |
15-Sep-09 |
Fed |
AAA |
102.33 |
1.90 |
| Thomson |
4.350 |
1-Dec-09 |
Corp |
AL |
100.78 |
3.63 |
| Ontario |
4.000 |
19-May-10 |
Prov |
AA |
102.29 |
2.49 |
| Norwest Financial (Wells Fargo Canada) |
4.350 |
1-Jun-10 |
Corp |
AA |
100.35 |
4.16 |
| NRW (state of Germany) - maple |
3.750 |
19-Nov-10 |
Sov |
AA- |
102.32 |
2.59 |
| Norwest Financial |
4.450 |
28-Feb-11 |
Corp |
AA |
99.59 |
4.69 |
| Thomson |
5.250 |
15-Jul-11 |
Corp |
A- |
99.47 |
5.53 |
| Royal Bank - deposit note |
5.200 |
15-Aug-12 |
Corp |
AA- |
103.22 |
4.31 |
| BMO deposit note |
5.040 |
4-Sep-12 |
Corp |
A+ |
101.72 |
4.60 |
| BNS - fixed floater - found under 2018 |
4.990 |
27-Mar-13 |
Corp |
A+ |
99.19 |
5.26 |
| BMO |
5.050 |
3-Sep-13 |
Corp |
A+ |
101.06 |
4.86 |
| CIBC - deposit note |
4.950 |
23-Jan-14 |
Corp |
A+ |
99.44 |
5.14 |
| Financement Quebec |
4.250 |
1-Mar-14 |
Prov |
AH |
101.13 |
4.05 |
| Nova Scotia |
4.700 |
14-Jan-15 |
Prov |
A |
102.20 |
4.34 |
| Greater Toronto Airports Authority |
5.000 |
1-Jun-15 |
Corp |
A |
97.53 |
5.53 |
| Ontario |
4.400 |
8-Mar-16 |
Prov |
AA |
99.36 |
4.55 |
| NRW (state of Germany) - maple |
4.500 |
9-Mar-16 |
Sov |
AA- |
100.14 |
4.53 |
| Great West Life - fixed floater - found under 2067 |
5.691 |
21-Jun-17 |
Corp |
A- |
86.19 |
6.74 |
BMO - fixed floater - found in 2022 |
5.750 |
26-Sep-17 |
Corp |
A |
93.37 |
6.87 |
| Manulife |
5.505 |
26-Jun-18 |
Corp |
AAL |
90.93 |
6.92 |
| Quebec |
4.500 |
1-Dec-18 |
Prov |
AH |
95.61 |
5.13 |
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Criteria Used for Bond Selection:
- Issues are currently available from our inventories in
sufficient quantity.
- Pricing near par or as close to par as is possible for
any given maturity range.
- Yields generally exceed Canada bonds or other bonds with
similar term and credit ratings.
- Minimum DBRS rating of A(low). For bonds rated A or A(low),
outlook should be stable to improving, and not with a negative
trend or under review with negative implications, as per
DBRS. For more information
on bond ratings, visit www.dbrs.com.
All Yields, Prices and Inventories are subject to change.
Yield calculations may vary based on the par value purchased.
A detailed inventory of the Bonds, GICs, and Strips available through RBC Direct Investing can be found through the Fixed Income Screener on the RBC Direct Investing Online site. This list is a small sample of our extensive inventory. Please view our Online offerings today, or speak to an Investment Representative at
1-800-769-2560 to find an issue that meets your investment needs.
Please note: The information contained herein has been obtained from sources believed to be reliable at the time obtained, but neither RBC Direct Investing Inc. nor its employees, agents or information suppliers can guarantee its accuracy or completeness. This information notice is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This information notice is furnished on the basis and understanding that neither RBC Direct Investing Inc. nor its employees, agents or information suppliers is to be under any responsibility or liability whatsoever in respect thereof. The inventories of RBC Direct Investing Inc. may from time to time include securities mentioned herein.
This Bond suggestion is produced by RBC Dominion Securities Inc. and is provided to RBC Direct Investing clients as third party research. RBC Direct Investing Inc. and RBC Dominion Securities Inc. are member companies under RBC Investments. RBC Direct Investing Inc., RBC Dominion Securities Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. Direct Investing describes a service provided by RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide specific investment recommendations. Investors are responsible for their own investment decisions. *Member CIPF. tm Trademark of Royal Bank of Canada. RBC Investments is a registered trademark of Royal Bank of Canada. (c) Copyright 2003. All rights reserved.
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