Government of Canada Treasury Bills offer attractive interest
rates and are fully guaranteed by the federal government. They are
available for terms of one month to one year and are essentially
risk-free if held to maturity. In fact, they are considered the
safest Canadian investment available with a term under one year.
Every penny of principal and interest is guaranteed by the
Government of Canada, no matter how much you invest. Even if you
normally hold your investments to maturity, it is nice to know that
T-Bills are fully marketable and can be sold at market value at any
time. Government of Canada T-Bills are available denominated in
U.S. as well as Canadian dollars, and both are considered Canadian
content within your RSP/RRIF. Common CharacteristicsDollars to Invest/Time Horizon
Minimum investment (at face value) is $5,000 for three months to
one year, $25,000 for one or two months, available in Canadian and
U.S. dollars.
Risk/Return
Fully guaranteed by the Government of Canada. There is
essentially no risk with any investment held to
maturity--every aspect of the investment is guaranteed, regardless
of the size of the investment. Competitive yields for short-term
investments.
Liquidity
Highly liquid; may be sold at any time, with settlement within one
business day.
Income
Earnings are distributed at maturity.
Key Benefits- Safest Canadian investments available in
Canada, regardless of the size of the investment.
- Fully guaranteed principal and return if
held to maturity.
- High degree of liquidity.
- Low minimum investment required.
- RSP/RRIF eligible.
- U.S. dollar-denominated investments are
considered Canadian content for RSP purposes.
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