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Government · Canada

CitiBank Online

Government of Canada 8% Fixed-Rate Bond

Top rate in Canada Online exclusive
8.00% per year
Minimum
$100,000
To Maturity
11 years
Protection
Government backed

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What $100,000 Earns You

At 8.00% a year over 11 years. Coupons are paid out to you once a year, not reinvested.

You Invest $100,000
Paid Once a Year $8,000
Total Earnings $88,000
Back at Maturity $108,000

Each $8,000 interest payment is paid to you directly, and $88,000 is what they add up to over the term. The figure at maturity is your initial investment of $100,000 paid back plus your final interest payment.

Where You Stand

Government backed

Backed by the issuing government, so there is no bank credit risk and no cap on what is covered.

Product Details

Type
Government
Matures
Jun 1, 2037
Time to Maturity
11 years
How Interest Is Paid
Once a year
Minimum
$100,000
Protection
Government backed
Coverage
No limit
Region
Canada

Eligibility & Details

  • Online exclusive via CitiBank Online.
  • GoC bond (ISIN CA135087VW17).
  • Maturity 1 June 2037; semiannual or annual interest.
  • Can be sold on the secondary market before maturity.
  • Citi Guaranteed Buy-Back Program.
  • Verify eligibility and minimums with CitiBank Online.
  • No management fees.
  • No hidden fees.

Compare Canada is a comparison site, not a financial adviser. Figures use a $100,000 example at 8.00% over 11 years. Bond prices move before maturity, so selling early can return less than you put in. Confirm all terms with CitiBank Online before you commit.