NBC Extendible Linear Accrual 6.95% Flex GIC, series 85F

Current price: $96.09
As of 14-Jan-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC29007
ISM Code:
Z579H8

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.95%, Year 2: 13.90%, Year 3: 20.85%, Year 4: 27.80%, Year 5: 34.75%, Year 6: 41.70%, Year 7: 48.65%, Year 8: 55.60%, Year 9: 62.55%, Year 10: 69.50%, Year 11: 76.45%, Year 12: 83.40%, Year 13: 90.35%, Year 14: 97.30%, Year 15: 104.25%
  • 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:
11-Sep-2024
Maturity date:
12-Sep-2039
Note term:
15.0 years
Valuation Date:
05-Sep-2039
Call Val. Date 1:
27-Aug-2025
Call Val. Date 2:
27-Aug-2026
Call Val. Date 3:
27-Aug-2027
Call Val. Date 4:
25-Aug-2028
Call Val. Date 5:
27-Aug-2029
Call Val. Date 6:
27-Aug-2030
Call Val. Date 7:
27-Aug-2031
Call Val. Date 8:
27-Aug-2032
Call Val. Date 9:
26-Aug-2033
Call Val. Date 10:
25-Aug-2034
Call Val. Date 11:
27-Aug-2035
Call Val. Date 12:
27-Aug-2036
Call Val. Date 13:
28-Aug-2037
Call Val. Date 14:
30-Aug-2038
Call Val. Date 15:
29-Aug-2039

Price and Historical Values

Last Updated Date:
14-Jan-2025
Current Price:
$96.09
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
93.7002.39496.094
Initial Maturity DateInitial Redemption Amount
11-Sep-25$6.950
Extended Maturity DatesExtended Redemption Amount
11-Sep-26$13.900
13-Sep-27$20.850
11-Sep-28$27.800
11-Sep-29$34.750
11-Sep-30$41.700
11-Sep-31$48.650
13-Sep-32$55.600
12-Sep-33$62.550
11-Sep-34$69.500
11-Sep-35$76.450
11-Sep-36$83.400
11-Sep-37$90.350