NBC Extendible Linear Accrual Deposit Notes, series 2

Current price: $100.03
As of 02-Jul-2024

General Information

Issuer:
NBC
ISM Code:
V46HS6

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Potential accrual amounts: Year 1: 6.40%, Year 2: 12.80%, Year 3: 19.20%, Year 4: 25.60%, Year 5: 32%, Year 6: 38.40%, Year 7: 44.80%, Year 8: 51.20%, Year 9: 57.60%, Year 10: 64%
  • Minimum: 64%.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
13-Mar-2024
Maturity date:
13-Mar-2034
Note term:
10.0 years
Valuation Date:
06-Mar-2034
Call Val. Date 1:
27-Feb-2025
Call Val. Date 2:
27-Feb-2026
Call Val. Date 3:
01-Mar-2027
Call Val. Date 4:
28-Feb-2028
Call Val. Date 5:
27-Feb-2029
Call Val. Date 6:
27-Feb-2030
Call Val. Date 7:
27-Feb-2031
Call Val. Date 8:
01-Mar-2032
Call Val. Date 9:
28-Feb-2033
Call Val. Date 10:
27-Feb-2034

Price and Historical Values

Last Updated Date:
02-Jul-2024
Current Price:
$100.03
Current ETC:
$0.14
Price Net of ETC:
$99.89
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
98.0721.956100.027
Initial Maturity DateInitial Redemption Amount
13-Mar-25$6.400
Extended Maturity DatesExtended Redemption Amount
13-Mar-26$12.800
15-Mar-27$19.200
13-Mar-28$25.600
13-Mar-29$32.000
13-Mar-30$38.400
13-Mar-31$44.800
15-Mar-32$51.200
14-Mar-33$57.600
13-Mar-34$64.000