10
TUESDAY, APRIL 3, 1990
IN MONTHLY $100. INTEREST MONTHS BETWEEN
INTEREST ON TAX RESERVE CERTIFICATES IS CALCULATED STEPS AND THE NEW RATE WILL BE $0.67 PER MONTH PER WILL BE CREDITED AS BEFORE IN RESPECT OF COMPLETE PURCHASE AND SURRENDER IN PAYMENT OF TAX.
INTEREST IS ONLY CREDITED WHEN CERTIFICATES ARE USED TO PAY TAX AND NO INTEREST IS DUE WHERE THE PRINCIPAL VALUE OF A CERTIFICATE IS REPAID BY A CHEQUE.
THE NEW RATE WILL APPLY TO ALL CERTIFICATES ISSUED ON OR AFTER APRIL 4.
CERTIFICATES WHICH WERE ISSUED BEFORE APRIL 4 WILL CONTINUE TO EARN INTEREST AS FOLLOWS
4.32 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED ON OR MAY 11, 1988 AND BEFORE JUNE 16, 1988;
AFTER
4.80 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED JUNE 16, 1988 AND BEFORE JUNE 29,
ON OR 1988;
AFTER
5.28 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED ON OR JUNE 29, 1988 AND BEFORE JULY 27, 1988;
AFTER
5.76 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED ON OR JULY 27, 1988 AND BEFORE AUGUST 17, 1988;
AFTER
6.36 PER CENT
6.84 PER CENT
7.32 PER CENT
7.80 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER AUGUST 17, 1988 AND BEFORE DECEMBER 7 1988;
I
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER DECEMBER 7, 1988 AND BEFORE FEBRUARY 15, 1989;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER FEBRUARY 15, 1989 AND BEFORE MARCH 8, 1989;
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER MARCH 8, 1989 AND BEFORE MARCH 22, 1989;
8.28 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER MARCH 22, 1989 AND BEFORE JUNE 22, 1989;
7.80 PER CENT
7.32 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED ON OR JUNE 22, 1989 AND REPORE JULY 12, 1989;
PER ANNUM FOR CERTIFICATES ISSUED ON OR JULY 12, 1989 AND BEFORE AUGUST 9, 1989;
AFTER
AFTER
6.84 PER CENT
PER ANNUM FOR CERTIFICATES ISSUED ON OR AUGUST 9, 1989 AND BEFORE MARCH 7, 1990 AND
AFTER
7.08 PER CENT
►
PER ANNUM FOR CERTIFICATES ISSUED ON OR AFTER MARCH 7 1990 AND BEFORE APRIL 4, 1990.
/BUT ALWAYS