Yankee Bonds

Get started

Yankee Bonds provide income in U.S. dollars, and are issued by provincial governments or Canadian corporations.

Yankee bonds offer the following features:

  • Safety - Your investment is backed by the full faith and credit of the issuing provincial government or corporation, and the provincial government's ability to levy and collect taxes.
  • Income - You earn a fixed rate of interest in U.S. dollars, usually paid twice a year.
  • Liquidity - These bonds can be sold at their current market value at any time before the maturity date.
  • Currency risk - You will have exchange risk (risk of the value of the investment changing due to converting currencies) if you need to convert back into Canadian dollars.
  • Price changes - While the amount of your interest will almost always remain the same, the value of your bond will change daily.

We can help

At Edward Jones, we can help you reach your financial goals. Contact your Edward Jones advisor.

Find an Advisor

Find an Advisor

Enter a Province and then enter a last name

    Our Investment Philosophy

    We believe in long-term investing with an emphasis on quality and diversification.

    Read more

    Investing Considerations for You

    If you're new to investing, a woman, a business owner or facing one of life's important milestones, this section addresses the topics that are unique to you.

    Read more