For example, a $ 10,000 investment in
a provincial bond offering 3 % interest will yield $ 300 in interest income each year.
Not exact matches
If you are absolutely looking for safe investment, consider
provincial or municipal
bonds that will
offer a better invest return while
offering a similar level of security to government
bonds.
According to the same fact sheet, Canadian municipal
bonds offer an attractive risk / return profile since they tend to command higher yields than
provincial or federal
bonds.
Step - up
bonds are securities that
offer a progressive interest rate and are issued by the federal and
provincial governments, crown corporations and chartered banks.