NBC Extendible Linear Accrual 8.22% Flex GIC, series 48F (USD)

Current price: US$99.87
As of 28-Jun-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28903
ISM Code:
Z59MY0

Highlights

  • 12-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 8.22%, Year 2: 16.44%, Year 3: 24.66%, Year 4: 32.88%, Year 5: 41.10%, Year 6: 49.32%, Year 7: 57.54%, Year 8: 65.76%, Year 9: 73.98%, Year 10: 82.20%, Year 11: 90.42%, Year 12: 98.64%
  • 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:
19-Jun-2024
Maturity date:
19-Jun-2036
Note term:
12.0 years
Valuation Date:
12-Jun-2036
Call Val. Date 1:
05-Jun-2025
Call Val. Date 2:
05-Jun-2026
Call Val. Date 3:
04-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:
04-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

Price and Historical Values

Last Updated Date:
28-Jun-2024
Current Price:
US$99.87
Currency:
USD

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
99.5770.29799.874
Initial Maturity DateInitial Redemption Amount
20-Jun-25$8.220
Extended Maturity DatesExtended Redemption Amount
22-Jun-26$16.440
21-Jun-27$24.660
20-Jun-28$32.880
20-Jun-29$41.100
20-Jun-30$49.320
20-Jun-31$57.540
21-Jun-32$65.760
21-Jun-33$73.980
20-Jun-34$82.200
20-Jun-35$90.420
20-Jun-36$98.640