NBC Extendible Accrual Flex GIC, series 61F

Current price: $105.78
As of 02-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28544
ISM Code:
Z58LW0

Highlights

  • 7-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Potential accrual amounts: Year 1: 6.25%, Year 2: 12.89%, Year 3: 19.95%, Year 4: 27.44%, Year 5: 35.41%, Year 6: 43.87%, Year 7: 52.86%
  • Minimum: 52.86%.
  • 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:
28-Jul-2023
Maturity date:
29-Jul-2030
Note term:
7.0 years
Valuation Date:
22-Jul-2030
Call Val. Date 1:
15-Jul-2024
Call Val. Date 2:
14-Jul-2025
Call Val. Date 3:
14-Jul-2026
Call Val. Date 4:
14-Jul-2027
Call Val. Date 5:
14-Jul-2028
Call Val. Date 6:
16-Jul-2029
Call Val. Date 7:
15-Jul-2030

Price and Historical Values

Last Updated Date:
02-Jul-2024
Current Price:
$105.78
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
99.9615.816105.777
Initial Maturity DateInitial Redemption Amount
29-Jul-24$6.250
Extended Maturity DatesExtended Redemption Amount
28-Jul-25$12.890
28-Jul-26$19.950
28-Jul-27$27.440
28-Jul-28$35.410
30-Jul-29$43.870
29-Jul-30$52.860