Department of Finance Canada
www.fin.gc.ca
Home > Activities and issues > Lending Rates: Security Deposits
Interest on Security Deposits
Reload the page to ensure that you see the most recent data.
| Pursuant to subsection 21(2) of theFinancial Administration Act,the |
| Minister of Finance has approved the payment of interest on contractor's |
| security deposits paid into the Consolidated Revenue Fund at the rate set |
| out in P.C.1970-300. This rate is equal to 90% of the simple arithmetic |
| mean of the accepted bi-weekly three-month Treasury bill tender rates |
| for the month immediately preceding the month in respect of which |
| interest may be paid. |
| The rate so calculated is: |
| 0.74% per annum in respect of monies on deposit during the month of |
| February 2012. |
| 2011-04 |
0.85% |
| 2011-05 |
0.87% |
| 2011-06 |
0.87% |
| 2011-07 |
0.84% |
| 2011-08 |
0.84% |
| 2011-09 |
0.81% |
| 2011-10 |
0.80% |
| 2011-11 |
0.78% |
| 2011-12 |
0.81% |
| 2012-01 |
0.75% |
| 2012-02 |
% |
| 2012-03 |
% |
| |
