QUÉBEC, May 1, 2014 /CNW Telbec/ - The Ministère des Finances du Québec today announced that the sales campaign for the June 1, 2014 issue of Québec Savings Bonds has begun May 1, 2014. These bonds are redeemable at any time without penalty and will bear interest at 1.40% until May 31, 2015. Thereafter, the interest rate will be set annually depending on market conditions.
At the same time, the Department announced that the rate on outstanding Québec Savings Bonds will be set at 1.40% as of June 1, 2014 and will remain in force until May 31, 2015.
Savings and retirement products issued by the Québec government are flexible and safe investment vehicles that allow Quebecers to have their money work for them while contributing to the development of Québec.
These products are eligible, without fees, for the various accounts offered by Épargne Placements Québec, namely Investment Savings account, TFSA, RRSP, RRIF, LIRA and LIF. They are available from Épargne Placements Québec by contacting an investment officer at 1 800 463-5229, Monday through Friday, from 8 a.m. to 8 p.m.
For more information, you can also visit the Épargne Placements Québec website at www.epq.gouv.qc.ca.
SOURCE: Ministère des Finances
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