NBC Extendible Coupons 5.45% Flex GIC, series 66

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC28501

Dates

Issue Date:
22-Jun-2023
Sales Period:
09-Jun-2023 - 16-Jun-2023
Maturity date:
22-Jun-2028
Note term:
5.0 years
Valuation Date:
15-Jun-2028
Call Valuation Date 1:
10-Jun-2024
Call Valuation Date 2:
09-Jun-2025
Call Valuation Date 3:
08-Jun-2026
Call Valuation Date 4:
08-Jun-2027
Call Valuation Date 5:
08-Jun-2028
Initial Maturity Date:
25-Jun-2024

Highlights

  • 5-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: $5.45 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.
Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Fixed Coupon Payment Dates (Initial Maturity Date)Coupon
12-22-23$2.725
06-25-24$2.725
12-23-24$2.725
06-23-25$2.725
Fixed Coupon Payment Dates (Extension Period) Coupon
12-22-25$2.725
06-22-26$2.725
12-22-26$2.725
06-22-27$2.725
12-22-27$2.725
06-22-28$2.725