NBC Extendible Coupons 5.85% Flex GIC, series 67F

Current price: $100.00
As of 25-Jun-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28505
ISM Code:
Z58G0U

Highlights

  • 5-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: $5.85 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.

Dates

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

Price and Historical Values

Last Updated Date:
25-Jun-2024
Current Price:
$100.00

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.

Note

National Bank of Canada (the “Bank”) wishes to inform holders of NBC Extendible Coupons 5.85% FLEX GIC, Series 67F, Advisors Category (Fundserv Code: NBC28505) (the “market-linked GIC”) that the market-linked GIC will not be extended by the Bank on June 22, 2024 and that accordingly, such date will be the Maturity Date, as described under the terms and conditions of such market-linked GIC. Holders will receive the repayment of the principal invested on the Issue Date and an Interest Payment at a rate of 2.925% (equivalent to an annual rate of 5.85%). Capital terms used but not defined herein have the meaning ascribed thereto in the market-linked GIC Information Statement dated June 12, 2023.

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Called on Jun 25, 2024
Coupon Payment DatesCoupon
12-22-23$2.925
06-25-24$2.925Initial Maturity Date
12-23-24$2.925
06-23-25$2.925
12-22-25$2.925
06-22-26$2.925
12-22-26$2.925
06-22-27$2.925
12-22-27$2.925
06-22-28$2.925Final Maturity Date