Le Lézard
Classified in: Business
Subjects: ECO, CPG

Launch of the Québec Savings Bonds Sales Campaign

QUÉBEC, Oct. 1, 2019 /CNW Telbec/ - The Ministère des Finances du Québec announced today that the sales campaign for the November 1, 2019 issue of Québec Savings Bonds will begin on Tuesday, October 1, 2019.

These bonds are redeemable at any time without penalty and will bear interest at 1.70% until October 31, 2020. Thereafter, the interest rate will be determined annually according to market conditions.

In addition, the Ministère des Finances announced that the rate on outstanding Québec Savings Bonds will be set at 1.70% as of November 1, 2019, with the exception of issues for which the annual interest rate is set higher.

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 and advantageous investment vehicles that enable Quebecers to grow their savings while contributing to the development of Québec.

Most of these products are eligible for the Investment Savings (non-registered account), 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, from 8 a.m. to 8 p.m.

Related link:

For more information, you can also visit the Épargne Placements Québec website, at https://epq.gouv.qc.ca/en/.

SOURCE Ministère des Finances

These press releases may also interest you

at 03:30
Novo Ventures, part of Novo Holdings, today announced that it has led the $55 million (£44 million) Series B financing in NodThera, a UK and US based clinical stage biotechnology company developing a new class of medicines to treat diseases driven by...

at 03:15
Leading market research company GfK has selected Cint's automated technology platform as part of an ongoing programme to transform its digital marketing effectiveness and consumer insights business. With a track record for powering market research...

at 03:10
Victory Square Technologies Inc. ("Victory Square'' or the "Company") a company that builds and invests in cutting-edge technology that is shaping the 4th Industrial Revolution, announces it has filed its condensed interim consolidated financial...

at 03:05
Swedish public pension fund Första AP-fonden (AP1) will add to its asset manager selection capabilities by adopting asset manager monitoring capabilities from eVestment, a global leader in institutional investment data and analytics. As pensions...

at 03:00
Avectas today announced that it has entered into a collaborative agreement with The Simon Laboratory at UC Davis, California, USA (UCD) to engage in the characterisation of cells engineered with Avectas' proprietary, non-viral SOLUPOREtm cell...

at 03:00
Morneau Shepell, a leader in integrated HR solutions, today released its May 2020 Mental Health Indextm results. Measuring against a benchmark of 75, employees whose salaries were reduced in May reported negative mental health scores (-17.8), similar...

News published on 1 october 2019 at 10:30 and distributed by: