GIC Rates Will Drop July 12, 2019 | Oaken Financial | Discussion forum

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GIC Rates Will Drop July 12, 2019
July 5, 2019
7:55 am
GR
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Please note that effective Friday, July 12, 2019, we will be decreasing the interest rates for all our long-term GICs (registered and non-registered) as follows:

• 1 Year GIC – 2.60% (currently 2.70%)
• 18 Month GIC – 2.75% (currently 2.90%)
• 2 Year GIC – 2.85% (currently 3.00%)
• 3 Year GIC – 2.90% (currently 3.00%)
• 4 Year GIC – 3.00% (currently 3.05%)
• 5 Year GIC – 3.00% (currently 3.05%)

July 5, 2019
12:52 pm
Nehpets
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Oaken to be commended for giving advance notice of their impending rate decrease.

Stephen

July 8, 2019
12:57 am
Loonie
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Perhaps they are anticipating bad news from Poloz this week.

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