NBC Extendible Linear Accrual Flex GIC 7.45%, series 54F *** Sold out ***

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC28922
ISM Code:
Z59SRP

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 7.45%, Year 2: 14.90%, Year 3: 22.35%, Year 4: 29.80%, Year 5: 37.25%, Year 6: 44.70%, Year 7: 52.15%, Year 8: 59.60%, Year 9: 67.05%, Year 10: 74.50%, Year 11: 81.95%, Year 12: 89.40%, Year 13: 96.85%, Year 14: 104.30%, Year 15: 111.75%
  • 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.

Dates

Issue Date:
17-Jul-2024
Maturity date:
18-Jul-2039
Note term:
15.0 years
Valuation Date:
11-Jul-2039
Call Val. Date 1:
03-Jul-2025
Call Val. Date 2:
03-Jul-2026
Call Val. Date 3:
05-Jul-2027
Call Val. Date 4:
30-Jun-2028
Call Val. Date 5:
03-Jul-2029
Call Val. Date 6:
03-Jul-2030
Call Val. Date 7:
03-Jul-2031
Call Val. Date 8:
05-Jul-2032
Call Val. Date 9:
04-Jul-2033
Call Val. Date 10:
30-Jun-2034
Call Val. Date 11:
03-Jul-2035
Call Val. Date 12:
03-Jul-2036
Call Val. Date 13:
03-Jul-2037
Call Val. Date 14:
05-Jul-2038
Call Val. Date 15:
04-Jul-2039

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
17-Jul-25$7.450
Extended Maturity DatesExtended Redemption Amount
17-Jul-26$14.900
19-Jul-27$22.350
17-Jul-28$29.800
17-Jul-29$37.250
17-Jul-30$44.700
17-Jul-31$52.150
19-Jul-32$59.600
18-Jul-33$67.050
17-Jul-34$74.500
17-Jul-35$81.950
17-Jul-36$89.400
17-Jul-37$96.850