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FCM Weekly Bullet GIC/BIC Statistics
(As published in Barron's)

Week ending Friday, January 20, 2012   Total number of issuers quoting: 7
     


3-year
5-year
7-year
10-year


Compound
Simple
Compound
Simple
Compound
Simple
Compound
Simple
$1 million
High
1.43

1.40
2.01

1.93
2.50
2.39
-
-
  Average
0.98
0.99
1.61
1.59

2.22
2.16
-
-
  Low
0.60
0.60
1.15
1.15
2.07

2.02
-
  No. of Issuers
6
6
6
6
5
5
-
   




$5 million
High

1.43
1.40
2.01
1.93
2.50

2.39
2.97

2.81
  Average
1.01
1.00
1.65
1.62
2.26
2.20
2.77
2.68
  Low
.60
0.60
1.15
1.15
2.10
2.02
2.59
2.55
  No. of Issuers
6
6
6
6
5
5
5
5
   
 
 
 
 
$10 million
High

1.43
1.40
2.01
1.93

2.50
2.39
-
  Average
1.02
1.01
1.66
1.63
2.27
2.21
-
  Low
.60
.60
1.15
1.15
2.10
2.02
--
  No. of Issuers
6
6
6
6
5
5
-
-
                   
$25 million
High

1.43
1.40
2.01
1.93
2.50
2.39
-
-
  Average
1.18

1.18
1.74
1.69
2.30
2.02
-
-
  Low
.95
.95
1.47
1.45

2.10

2.02
-
-
  No. of Issuers
3
2
2
2
2
2
-
-
                   
Treasuries*  
-

.37
.88
 
1.43

2.00
                   
Treasuries - GIC/BIC Spreads**                
  $1 million
1.06
1.03
1.13
1.05
1.07
0.96
    
  $5 million

1.06
1.03

1.13
1.05
1.07
0.96

0.97
0.81
  $10 million
1.06
1.03
1.13
1.05
1.07
0.96
  $25 million
1.06
1.03
1.13
1.05
1.07
0.96
  Average
1.06

1.03
1.13

1.05
1.07

0.96
0.97

0.81
                   


*Wednesday quotes at close of business. Current Treasury used.
**Spreads between GIC/BIC High and Treasuries with same maturity
All rates for non-benefit responsive, investment only contracts. Rates are net of all expenses with no commissions payable.