UKRAINE SOVEREIGNTY BONDS
A new triple-A rated, five-year bond issue from the Government of Canada will allow individual Canadians to further support the people of Ukraine. The Government of Canada website provides all details. By clicking this link, you will be leaving the CIBC website and be redirected to a Government of Canada website.
The bonds will be guaranteed by the Government of Canada and will pay a competitive rate of interest. Funds will be directed to Ukraine through an International Monetary Fund administered account and will help fund basic services such as pension payments. The bonds will have a unique maturity date of Aug 24, 2027, that corresponds to Ukrainian Independence Day.
The Ukraine Sovereignty Bonds can be held in either tax-advantaged accounts (e.g. RSP, TFSA, RIF) or in investment accounts and will be offered to retail investors for a limited period of time.