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Latest Rate News
June 1, 2023
6:08 am
COIN
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1 Year GIC – 5.10% (currently 4.85%)
18 Month GIC – 5.05% (currently 4.80%)
2 Year GIC – 4.95% (currently 4.70%)
3 Year GIC – 4.55% (currently 4.30%)
4 Year GIC – 4.50% (currently 4.25%)
5 Year GIC – 4.40% (currently 4.15%)

Inverted yield curve.

June 1, 2023
8:21 am
Dean
Valhalla Mountains, British Columbia
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.
It's nice to see ⬆ yet another FI with rates going in the 'Right' direction. sf-laugh

And Yes ... pretty much all FI's have been generating GIC Inverted Curves for a while now [ https://www.highinterestsavings.ca/gic-rates/ ], and it's likely to stay that way for the foreseeable future.

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

June 1, 2023
9:18 am
cgouimet
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Of interest here is that I believe this is the first Oaken increase in quite a while that isn't retroactive 7 days ...

CGO
June 1, 2023
9:55 am
Pewter
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I just did some large volume RIF Gics. Any one know of Oakens rate policy?

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