Notice from Oaken about GIC rates drop effective January 24th, 2024 | Oaken Financial | Discussion forum

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Notice from Oaken about GIC rates drop effective January 24th, 2024
January 18, 2024
8:30 am
Alexandre
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November 8, 2018
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Please note that effective Wednesday, January 24th, 2024, Oaken will be decreasing the interest rate for long-term GICs as noted below:

Long-term GICs:

1 Year GIC – 5.15% (currently 5.40%)
18 Month GIC – 5.05% (currently 5.35%)
2 Year GIC – 5.00% (currently 5.20%)
3 Year GIC – 4.55% (currently 5.00%)
4 Year GIC – 4.40% (currently 4.90%)
5 Year GIC – 4.35% (currently 4.85%)

All other Oaken rates will remain unchanged.

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