NBC Canadian Banks (AR) Flex GIC, series 56

Current price: $96.97
As of 14-Jun-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28476
ISM Code:
Z58EUJ
Ticker Symbol:
SOLCAB40
Index Page:
Link
Index Guideline:
Link

Highlights

  • 5-year term.
  • Linked to the Solactive Canada Bank 40 AR Index.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation Factor: 150%
  • Eligible for CDIC Deposit Insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Can be sold back to the Bank on a daily basis subject to normal market conditions. An investor who sells the Deposit prior to maturity may receive less than the Principal Amount per Deposit.

Dates

Issue Date:
01-Jun-2023
Maturity date:
01-Jun-2028
Note term:
5.0 years
Valuation Date:
25-May-2028

Price and Historical Values

Last Updated Date:
14-Jun-2024
Current Price:
$96.97
Current ETC:
$0.00
Price Net of ETC:
$96.97
Currency:
CAN

The bid price and any related information on the date of sale may differ from the current price and information posted above. Please refer to the offering document or your investment advisor.

Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
Solactive Canada Bank 40 AR Index723.12766.085.94%
Reference Portfolio Return5.94%
Basket Level1 059.409
Indicative Variable Interest8.91%