NBC Extendible Linear Accrual 7.2% Flex GIC, series 47 *** Sold out ***

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC28901
ISM Code:
Z59MPP

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 7.20%, Year 2: 14.40%, Year 3: 21.60%, Year 4: 28.80%, Year 5: 36%, Year 6: 43.20%, Year 7: 50.40%, Year 8: 57.60%, Year 9: 64.80%, Year 10: 72%, Year 11: 79.20%, Year 12: 86.40%, Year 13: 93.60%, Year 14: 100.80%, Year 15: 108%
  • 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:
19-Jun-2024
Maturity date:
20-Jun-2039
Note term:
15.0 years
Valuation Date:
13-Jun-2039
Call Val. Date 1:
05-Jun-2025
Call Val. Date 2:
05-Jun-2026
Call Val. Date 3:
07-Jun-2027
Call Val. Date 4:
05-Jun-2028
Call Val. Date 5:
05-Jun-2029
Call Val. Date 6:
05-Jun-2030
Call Val. Date 7:
05-Jun-2031
Call Val. Date 8:
07-Jun-2032
Call Val. Date 9:
06-Jun-2033
Call Val. Date 10:
05-Jun-2034
Call Val. Date 11:
05-Jun-2035
Call Val. Date 12:
05-Jun-2036
Call Val. Date 13:
05-Jun-2037
Call Val. Date 14:
07-Jun-2038
Call Val. Date 15:
06-Jun-2039

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
19-Jun-25$7.200
Extended Maturity DatesExtended Redemption Amount
19-Jun-26$14.400
21-Jun-27$21.600
19-Jun-28$28.800
19-Jun-29$36.000
19-Jun-30$43.200
19-Jun-31$50.400
21-Jun-32$57.600
20-Jun-33$64.800
19-Jun-34$72.000
19-Jun-35$79.200
19-Jun-36$86.400
19-Jun-37$93.600