Fixed Income

Money Digest, Nov, 2001

FIXED INCOME

HIGHER INTEREST RATES ON DEPOSITS

The minimum amounts required to get the interest rates indicated in this
table are $5,000 for term deposits and $1,000 for Guaranteed Investment
Certificates (GICs)


TERM                            INTEREST %                 WHO PAYS

TERM DEPOSITS (MINIMUM $5,000)

30 days                               3.25          Equitable Trust
60 days                               3.25          Equitable Trust
60 days                               3.25          Equitable Trust
120 days                              3.25          Equitable Trust

GICS (MINIMUM $1,000)

1 year                                3.25  DUCA Financial Services
3 years                               4.00        Peace Hills Trust
5 years                               4.80  DUCA Financial Services
MORTGAGE BACKED SECURITIES (MBS)

Prepayable refers to open mortgages; non-prepayable to closed mortgages


PREPAYABLE           YIELD (%)  NON-PREPAYABLE     YIELD (%)

Equitable Trust '08       5.45  People Trust '11        5.71
MRS Trust '08             5.41  BMO '09                 5.56
Pafco '05                 4.55  Maritime Life '05       4.75
Equitable Trust '05       4.38  TD Bank '05             4.47