NBC Extendible Linear Accrual 8.25% Flex GIC, series 2F

Current price: $100.25
As of 22-Feb-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28752
ISM Code:
Z588UJ

Dates

Issue Date:
16-Feb-2024
Maturity date:
16-Feb-2039
Note term:
15.0 years
Valuation Date:
09-Feb-2039
Call Valuation Date 1:
03-Feb-2025
Call Valuation Date 2:
02-Feb-2026
Call Valuation Date 3:
01-Feb-2027
Call Valuation Date 4:
02-Feb-2028
Call Valuation Date 5:
02-Feb-2029
Call Valuation Date 6:
04-Feb-2030
Call Valuation Date 7:
03-Feb-2031
Call Valuation Date 8:
02-Feb-2032
Call Valuation Date 9:
02-Feb-2033
Call Valuation Date 10:
02-Feb-2034
Call Valuation Date 11:
02-Feb-2035
Call Valuation Date 12:
04-Feb-2036
Call Valuation Date 13:
02-Feb-2037
Call Valuation Date 14:
02-Feb-2038
Call Valuation Date 15:
02-Feb-2039

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Potential accrual amounts: Year 1: 8.25%, Year 2: 16.50%, Year 3: 24.75%, Year 4: 33%, Year 5: 41.25%, Year 6: 49.50%, Year 7: 57.75%, Year 8: 66%, Year 9: 74.25%, Year 10: 82.50%, Year 11: 90.75%, Year 12: 99%, Year 13: 107.25%, Year 14: 115.50%, Year 15: 123.75%
  • 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:
22-Feb-2024
Current Price:
$100.25
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
100.0180.229100.247
Initial Maturity DateInitial Redemption Amount
18-Feb-25$8.250
Extended Maturity DatesExtended Redemption Amount
17-Feb-26$16.500
16-Feb-27$24.750
16-Feb-28$33.000
16-Feb-29$41.250
19-Feb-30$49.500
18-Feb-31$57.750
17-Feb-32$66.000
16-Feb-33$74.250
16-Feb-34$82.500
16-Feb-35$90.750
19-Feb-36$99.000
16-Feb-37$107.250