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Rates for 08 January 2009
Royal Bank GICs home page
Features:
Guaranteed interest rates that increase at each anniversary
Cashable and non-redeemable versions available
Cashable RateAdvantage GIC
RateAdvantage GIC (non-redeemable)
Cashable RateAdvantage GIC
- Fully or partially cashable at each anniversary date, with no penalty
Interest Paid Annually at each Anniversary
| | Minimum investment of $1,000 |
| Term to Maturity |
Year 1
[%] |
Year 2
[%] |
Year 3
[%] |
Year 4
[%] |
Year 5
[%] |
| 2 Years | 1.350 | 4.150 |
-
|
-
|
-
|
| 3 Years | 1.350 | 2.000 | 5.000 |
-
|
-
|
| 5 Years | 1.350 | 1.750 | 2.250 | 3.500 | 6.500 |
RateAdvantage GIC (non-redeemable)
- Not redeemable prior to maturity
Interest Paid Annually at each Anniversary or Compounded Annually and Paid at Maturity
| | Minimum investment of $1,000 |
| Term to Maturity |
Year 1
[%] |
Year 2
[%] |
Year 3
[%] |
Year 4
[%] |
Year 5
[%] |
| 2 Years | 1.750 | 4.000 |
-
|
-
|
-
|
| 3 Years | 1.750 | 2.000 | 5.500 |
-
|
-
|
| 5 Years | 1.750 | 2.500 | 3.000 | 3.250 | 6.750 |
NOTES
Interest rates are subject to change without notice at any time.
Rates shown are calculated on a per annum basis.
For Canadian residents, interest is reported for tax purposes using the yield to maturity rate rather than the actual interest paid each year in accordance with Regulation 7000 of the Income Act (Canada) (in Quebec, Regulation 92.5R of the Taxation Act (Quebec)).
To purchase these GICs, visit invest online, call 1-800 ROYAL® 9-9 or visit an RBC Royal Bank branch. You can find the location and phone number of the nearest RBC Royal Bank branch by using our Branch Locator. Please call and arrange to have one of our investment specialists meet with you at your convenience.
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