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National Bank adjusts its mortgage rates

Montreal, 17 January 2000 - 

National Bank of Canada has adjusted its rates for residential mortgages. The new rates are effective as of January 18, 2000.

TERM

CURRENT RATE (%)

NEW RATE (%)

CHANGE

3 months Saver

6.150

6.400

0.250

3 months closed

6.500

6.750

0.250



-30-

Information :

Jocelin Dumas
Communications Manager
National Bank of Canada
(514) 394-6990
jocelin.dumas@nbc.ca