NBC Extendible Linear Accrual 6.4% Flex GIC, series 45F

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC28899
ISM Code:
Z59MPM

Highlights

  • 10.01-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • 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%
  • 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:
17-Jun-2024
Maturity date:
19-Jun-2034
Note term:
10.0 years
Valuation Date:
12-Jun-2034
Call Val. Date 1:
03-Jun-2025
Call Val. Date 2:
03-Jun-2026
Call Val. Date 3:
03-Jun-2027
Call Val. Date 4:
05-Jun-2028
Call Val. Date 5:
04-Jun-2029
Call Val. Date 6:
03-Jun-2030
Call Val. Date 7:
03-Jun-2031
Call Val. Date 8:
03-Jun-2032
Call Val. Date 9:
03-Jun-2033
Call Val. Date 10:
05-Jun-2034

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
17-Jun-25$6.400
Extended Maturity DatesExtended Redemption Amount
17-Jun-26$12.800
17-Jun-27$19.200
19-Jun-28$25.600
18-Jun-29$32.000
17-Jun-30$38.400
17-Jun-31$44.800
17-Jun-32$51.200
17-Jun-33$57.600
19-Jun-34$64.000