Increase in the Interest Rate on Québec Savings Bonds

QUÉBEC, Sept. 12, 2017 /CNW Telbec/ - The Ministère des Finances du Québec today announced an increase in the interest rates applicable to outstanding Québec Savings Bonds. This increase follows the rise in market interest rates.

The rate on these bonds is increased to 1.25% as of today and will remain in effect until May 31, 2018.

The increase applies to issues from 2008 to 2017, inclusively.

Savings and retirement products issued by the Québec government are offered by Épargne Placements Québec with no management or administration fees. They are safe, flexible, advantageous investment vehicles that enable Quebecers to grow their savings while contributing to the development of Québec.

These products are eligible for the Investment Savings, TFSA, RRSP, RRIF, LIRA and LIF accounts. They can be obtained by calling an Épargne Placements Québec investment officer at 1 800 463‑5229, Monday through Friday, 8 a.m. to 8 p.m.

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For more information, you can also visit the Épargne Placements Québec website, at www.epq.gouv.qc.ca.

 

View original content: http://www.newswire.ca/en/releases/archive/September2017/12/c1569.html

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