NBC Extendible Coupons 5.2% Flex GIC, series 61

Current price: $97.66
As of 08-Jun-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC28487
ISM Code:
Z58FHV

Dates

Issue Date:
01-Jun-2023
Maturity date:
01-Jun-2028
Note term:
5.0 years
Valuation Date:
25-May-2028
Call Valuation Date 1:
17-May-2024
Call Valuation Date 2:
16-May-2025
Call Valuation Date 3:
15-May-2026
Call Valuation Date 4:
17-May-2027
Call Valuation Date 5:
17-May-2028
Initial Maturity Date:
03-Jun-2024

Highlights

  • 5-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: $5.20 p.a. paid semi-annually.
  • 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.

Price and Historical Values

Last Updated Date:
08-Jun-2023
Current Price:
$97.66
Current ETC:
$0.50
Price Net of ETC:
$97.16
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

Clean PriceAccrued interestDirty price
97.5030.15997.661
Fixed Coupon Payment Dates (Initial Maturity Date)Coupon
12-01-23$2.600
06-03-24$2.600
12-02-24$2.600
06-02-25$2.600
Fixed Coupon Payment Dates (Extension Period) Coupon
12-01-25$2.600
06-01-26$2.600
12-01-26$2.600
06-01-27$2.600
12-01-27$2.600
06-01-28$2.600