Term Deposits

Choose from terms as short as one day and earn a fixed rate of interest guaranteed until maturity. Best of all, Term Deposits are pre-encashable and offer maximum liquidity in case of emergency.

Guaranteed Investment Certificates (GICs)

Choose between a short or long term TD GIC and be guaranteed a fixed interest rate per term. Invest in Canadian or U.S. funds from a minimum of $1,000 for a minimum one year term.

TD Money Market Account (available in CDN$ and US$)

A non-chequing investment account that bears interest according to a tiered rate structure, and offers a high degree of liquidity and a very competitive return. Ideally suited for surplus balances in excess of $100,000.

Bankers Acceptances

These are debt obligations issued by corporations with repayment of principal guaranteed by a Canadian Chartered Bank. Terms range from 1 day to 1 year and BA's usually offer a slightly higher return than government Treasury Bills.

Commercial Paper

These promissory notes are generally issued by high quality corporations in CDN$ or US$. Best suited for companies looking for a superior rate of return while accepting a higher risk.

Foreign Exchange Term Deposits

These differ from CDN$ term deposits in that the deposits are held outside the country in which they are denominated. Suited for companies that wish to invest surplus funds of a foreign currency without having to convert them to CDN$.

Government of Canada/Provincial Treasury Bills

A safe, short-term investment issued and fully guaranteed by the Government of Canada/Provincial Governments. With terms ranging from 1 day to 1 year, T-bills provide the benefit of high liquidity with a low to moderate return.

IBF Swap Deposits

A 3-stage transaction whereby CDN$ are converted to US$, which are then placed in a fixed term deposit at International Banking Facility (NY branch). The principal and interest are then converted back to CDN$ at maturity. Suited for companies with substantial surplus funds looking to obtain maximum yield.

Lancaster Short Term Investment Fund (LSTIF)

LSTIF is invested in high quality Canadian debt obligations. Suitable for large depositors seeking a secure investment vehicle that provides the highest possible return with same day liquidity.

For more information contact a Relationship Manager
at the Commercial Banking Centre nearest you!