Latest Rate News | Oaken Financial | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
Latest Rate News
June 1, 2023
6:08 am
COIN
Member
Members
Forum Posts: 1122
Member Since:
March 15, 2019
sp_UserOfflineSmall Offline

1 Year GIC – 5.10% (currently 4.85%)
18 Month GIC – 5.05% (currently 4.80%)
2 Year GIC – 4.95% (currently 4.70%)
3 Year GIC – 4.55% (currently 4.30%)
4 Year GIC – 4.50% (currently 4.25%)
5 Year GIC – 4.40% (currently 4.15%)

Inverted yield curve.

June 1, 2023
8:21 am
Dean
Valhalla Mountains, British Columbia
Member
Members
Forum Posts: 1984
Member Since:
January 12, 2019
sp_UserOfflineSmall Offline

.
It's nice to see yet another FI with rates going in the 'Right' direction. sf-laugh

And Yes ... pretty much all FI's have been generating GIC Inverted Curves for a while now [ https://www.highinterestsavings.ca/gic-rates/ ], and it's likely to stay that way for the foreseeable future.

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

June 1, 2023
9:18 am
cgouimet
Member
Members
Forum Posts: 1503
Member Since:
February 7, 2019
sp_UserOnlineSmall Online

Of interest here is that I believe this is the first Oaken increase in quite a while that isn't retroactive 7 days ...

CGO
June 1, 2023
9:55 am
Pewter
Member
Members
Forum Posts: 144
Member Since:
May 11, 2023
sp_UserOfflineSmall Offline

I just did some large volume RIF Gics. Any one know of Oakens rate policy?

Please write your comments in the forum.