Épargne Placements Québec

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Fixed‑rate Bonds

Fixed‑rate Bonds provide high fixed income right from the first year. In addition, the range of terms available allows you to diversify the maturities of your investments.

  • Interest income guaranteed for the term of the investment.
  • Maturities ranging from one to ten years.
  • Interest rate set in accordance with the term selected; generally, the longer the term, the higher the interest rate.
  • Regular or compound interest.
  • Regular interest paid annually (minimum purchase of $100).


More details

When offered: Continuously.
Issue date: Issued daily.
Term: One to ten years, at the purchaser’s choice.
Type of interest: Simple or compound.
Payment of interest: Simple interest bonds: annually.

Compound interest bonds: annual capitalization on the purchase anniversary date.

Interest rate: Fixed rate, depending on maturity, shown at the annual nominal rate.
Minimum purchase amount: Any amount greater than or equal to $100.
Purchase limit: Maximum amount held of $7 000 000 for general or limited partnerships and legal persons established for a private interest or in the public interest acting on their own account, except in the case of a transfer resulting from a succession.
Authorized purchasers: Persons or groups of persons or of properties, domiciled in Québec and subject to the rules of Québec law (natural persons, general or limited partnerships, legal persons, successions of persons, foundations and personal or social trusts).
Redemption: Total at maturity.
Eligible accounts: Investment Savings Account, tax‑free savings account (TFSA), registered retirement savings plan (RRSP), registered retirement income fund (RRIF), locked‑in retirement account (LIRA) and life income fund (LIF). Can also be entered in the account of a trustee or of an agent of a trustee for the benefit of a participant in a self‑directed plan or fund
Assignment and transfer: The Bonds are assignable and transferable only under the conditions and in the cases provided for in the Regulation respecting savings products (CQLR, chapter A-6.001, r. 9), in particular in the event of divorce or death of the participant.
Hypothec: Allowed in favour of financial institutions if the bonds are held in an Investment Savings Account or TFSA.
Treatment at
In the absence of instructions from the client, the capital and interest are automatically reinvested in Flexi‑Plus Savings units.

Rates in effect