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Invest in U.S. Dollars Without Risking Your Principal
A U.S. Dollar (USD) Term Deposit offers a fixed rate of interest for a specific term. Both principal and interest payments are guaranteed.
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These are ideal investments if you want to invest in U.S. dollars for a specific term at a fixed rate without risking your initial investment.
Key Features
- Minimum Investment:
- $5,000 (1 to 5 years)
- $5,000 (30 to 364 days)
- $100,000 (less than 30 days)
- Terms:
- 1 - 364 days
- 1 - 5 years less a day
- Interest Payment Options:
- For terms less than one year, interest is paid at maturity
- For terms of one year or more, interest is paid annually.
- Returns: Guaranteed principal and interest rate
- Access to Funds: No
- Plan Eligibility: Non-Registered only
- CDIC Eligible: Yes
Benefits
Security and Safety
Both the original investment and interest payments are guaranteed
Competitive Interest Rates
Guaranteed for the full term of the investment
