NBC Extendible Coupons 4.20% Flex GIC, series 299

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29037
ISM Code:
Z56BFS

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: $4.20 p.a. paid annually.
  • 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:
03-Oct-2024
Sales Period:
24-Sep-2024 - 26-Sep-2024
Maturity date:
03-Oct-2034
Note term:
10.0 years
Valuation Date:
25-Sep-2034
Call Val. Date 1:
18-Sep-2026
Call Val. Date 2:
17-Sep-2027
Call Val. Date 3:
18-Sep-2028
Call Val. Date 4:
18-Sep-2029
Call Val. Date 5:
18-Sep-2030
Call Val. Date 6:
18-Sep-2031
Call Val. Date 7:
17-Sep-2032
Call Val. Date 8:
16-Sep-2033
Call Val. Date 9:
18-Sep-2034
Initial Maturity Date:
05-Oct-2026

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Coupon Payment DatesCoupon
10-03-25$4.200
10-05-26$4.200Initial Maturity Date
10-04-27$4.200
10-03-28$4.200
10-03-29$4.200
10-03-30$4.200
10-03-31$4.200
10-04-32$4.200
10-03-33$4.200
10-03-34$4.200Final Maturity Date