NBC Extendible Linear Accrual 7% Flex GIC, series 1F

Current price: $102.23
As of 12-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28751
ISM Code:
Z588UH

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Potential accrual amounts: Year 1: 7%, Year 2: 14%, Year 3: 21%, Year 4: 28%, Year 5: 35%, Year 6: 42%, Year 7: 49%, Year 8: 56%, Year 9: 63%, Year 10: 70%
  • 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:
16-Feb-2024
Maturity date:
16-Feb-2034
Note term:
10.0 years
Valuation Date:
09-Feb-2034
Call Val. Date 1:
03-Feb-2025
Call Val. Date 2:
02-Feb-2026
Call Val. Date 3:
01-Feb-2027
Call Val. Date 4:
02-Feb-2028
Call Val. Date 5:
02-Feb-2029
Call Val. Date 6:
04-Feb-2030
Call Val. Date 7:
03-Feb-2031
Call Val. Date 8:
02-Feb-2032
Call Val. Date 9:
02-Feb-2033
Call Val. Date 10:
02-Feb-2034

Price and Historical Values

Last Updated Date:
12-Jul-2024
Current Price:
$102.23
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
99.3352.897102.232
Initial Maturity DateInitial Redemption Amount
18-Feb-25$7.000
Extended Maturity DatesExtended Redemption Amount
17-Feb-26$14.000
16-Feb-27$21.000
16-Feb-28$28.000
16-Feb-29$35.000
19-Feb-30$42.000
18-Feb-31$49.000
17-Feb-32$56.000
16-Feb-33$63.000
16-Feb-34$70.000