T-BILL LINKED DEPOSIT
The ‘T-bill Linked Deposit’ offers Corporate and Commercial clients the ability to invest their free account balances for a short term while earning interest.
Interest on the T-bill Linked Deposit is indexed to the Government of Belize Domestic Treasury yield and funds can be deposited for anywhere from seven (7) to ninety (90) days. Interest is accrued daily and paid at the end of the agreed term*.
- Provides clients with an effective cash management tool
- Remuneration for short term deposits not offered elsewhere in the market
- Flexibility to quickly access your funds*
For more information contact the Bank’s Commercial Banking Center or the Corporate Banking Unit at telephone 227-7132.
*Some conditions apply.
Our term deposits are a safe, secure way to earn higher interest on your savings for a fixed period of time. Choose how long you want to invest and enjoy complete security knowing your interest rate is guaranteed for that period.
|Rates for Term Deposits|
|Term||Term Days||Interest Rate||Early Redemption Date|
|3 months||88-98 Days||0.25%||0.10%||6 months||178-188 Days||0.85%||0.50%|
|1 year||360-370 Days||2.65%||1.50%|
|2 year||718-728 Days||2.75%||2.00%|
|3 year||1078-1088 Days||2.85%||2.10%|
|4 year||1456-1466 Days||3.00%||2.30%|
|5 year||1820-1830 Days||3.30%||2.50%|
* Rates are indicative and can vary significantly for substantial deposits. Minimum deposit is BZ$200,000.00
- Higher, flexible interest rates
- Risk free way to make money
- Guaranteed returns
- Interest is paid upon maturity of deposit
- Automatic deposit renewals available.