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

Current price: N/A
As of

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

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
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