Rates

GIC & Term Deposit

Effective Date: Thursday, May 15, 2008
Fixed Rate Long Term Canadian GIC
Term (Months)Annual Interest
(Min $1000)
123.400%
243.950%
364.100%
484.300%
604.450%
Term (Months)Monthly Interest
(Min $1000)
123.150%
243.700%
363.850%
484.050%
604.200%
Term (Months)Gold Leaf Plus Monthly Interest
(Min. $1000)
123.400%
243.950%
364.100%
484.300%
604.450%
Term (Months)Compound Annual Interest
(Min. $1000)
12N/A
243.950%
364.100%
484.300%
604.450%
High Rise® GIC - 3 Year Term1
1st Year2.000%
2nd Year3.100%
3rd Year4.350%
If held to maturity, the average yield will be 3.20% (based on annual interest)
High RiseŽ GIC - 5 Year Term1
1st Year1.600%
2nd Year2.550%
3rd Year3.000%
4th Year3.750%
5th Year5.600%
If held to maturity, the average yield will be 3.50% (based on annual interest)
Fixed Rate Short Term GIC
Term (Days)Canadian Dollar3
(Min. $5000)
301.750%
601.750%
901.800%
1201.800%
1801.850%
Term (Days)U.S. Dollar3
(Min. $5000) (May not exceed 90 days)
301.600%
601.600%
901.600%
Floating Rate Redeemable Term Deposit
Canadian2
(Min. $1000)
30 Days to 3 Years2.500%
$U.S.3
(Personal Only)(Min. $1000)
30 Days to 1 Year0.750%
 
* All rates are subject to change without notice.
1 Holder has the option to receive the interest annually or to have the interest compounded annually and paid at maturity.
2 For deposits maturing prior to 1 year, interest is paid at maturity. For deposits maturing in 1 year or longer, interest is compounded annually.
3 Interest is paid at maturity

Arrows indicate a change from previous rate bulletin