Issued by the provincial government, these bonds offer you fixed-income payments and are among the most secure investments available.
Provincial bonds are issued by the provincial government and are among the most secure investments available. They are backed by the full faith and credit of the provincial government and timely payment of the principal and interest is guaranteed.
Provincial bonds offer the following features:
- Safety - These bonds are direct obligation bonds of the provincial government and are secured by the government's ability to levy and collect taxes.
- Income - You will receive interest payments twice a year.
- Liquidity - You can sell a Provincial Bond at its market value on any business day.
- Price changes - While the amount of your interest will almost always remain the same, the value of your bond will change daily.
Get up-to-date information on our current provincial bond rates, along with the latest rates on our Government Investment Certificates (GICs). Learn more.
These securities are backed by the issuing province as to the payment of principal and interest, based on its ability to levy and collect taxes. This does not remove market or interest risk.
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