At Blue Rose, we’re often asked about the usage of Guaranteed Investment Contracts (“GICs”) and the trade-off between risk and return. Utilizing a GIC as opposed to a Repurchase Agreement (“Repo”) for the reinvestment of bond proceeds can result in a higher yield of approximately 25 basis points, depending on

Blue Rose recently has seen many issuers contemplate whether to reinvest their bond proceeds in a money-market fund or a laddered portfolio. A money-market fund offers a short-term variable rate that, in the current inverted yield curve environment, is often higher than the long-term fixed rate offered by a laddered