MB Builder 15 June 15/20 Annual Floating Fixed Rate 1.50%
Manitoba Builder Bonds ("Builder Bonds") are issued by the Province of Manitoba, and are direct obligations of the Province of Manitoba. The interest rate for the Floating Rate Bonds is announced annually by the Minister of Finance for the Province of Manitoba in the month of May each year, and that rate becomes effective commencing June 15 of that year.
MB Builder 15 June 15/20 Annual Floating Fixed Rate 1.50% (BMB.DB.D)
June 9, 2016
Manitoba Finance announced the interest rate for outstanding floating rate Builder Bonds and Hydro Bonds throughout the province.
The interest rate for all outstanding floating rate bonds, which are adjustable and redeemable annually, has been set at 0.75 percent effective June 15, 2017.
The following bonds will be delisted upon maturation June 15, 2017. All trades June 13, 14 and 15 will be for settlement on June 15: