NBC Extendible Linear Accrual 4.25% Flex GIC, series 99

Current price: $98.80
As of 20-Dec-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC29043
ISM Code:
Z56BZ2

Highlights

  • 7-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 4.25%, Year 2: 8.50%, Year 3: 12.75%, Year 4: 17%, Year 5: 21.25%, Year 6: 25.50%, Year 7: 29.75%
  • 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:
07-Oct-2024
Maturity date:
07-Oct-2031
Note term:
7.0 years
Valuation Date:
29-Sep-2031
Call Val. Date 1:
22-Sep-2025
Call Val. Date 2:
22-Sep-2026
Call Val. Date 3:
22-Sep-2027
Call Val. Date 4:
22-Sep-2028
Call Val. Date 5:
21-Sep-2029
Call Val. Date 6:
20-Sep-2030
Call Val. Date 7:
22-Sep-2031

Price and Historical Values

Last Updated Date:
20-Dec-2024
Current Price:
$98.80
Current ETC:
$1.05
Price Net of ETC:
$97.75
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
97.9030.89798.800
Initial Maturity DateInitial Redemption Amount
07-Oct-25$4.250
Extended Maturity DatesExtended Redemption Amount
07-Oct-26$8.500
07-Oct-27$12.750
10-Oct-28$17.000
09-Oct-29$21.250
07-Oct-30$25.500
07-Oct-31$29.750