NBC Extendible Linear Accrual 6.35% Flex GIC, series 112

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29072
ISM Code:
Z56DHJ

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.35%, Year 2: 12.70%, Year 3: 19.05%, Year 4: 25.40%, Year 5: 31.75%, Year 6: 38.10%, Year 7: 44.45%, Year 8: 50.80%, Year 9: 57.15%, Year 10: 63.50%, Year 11: 69.85%, Year 12: 76.20%, Year 13: 82.55%, Year 14: 88.90%, Year 15: 95.25%
  • 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:
23-Oct-2024
Sales Period:
16-Oct-2024 - 17-Oct-2024
Maturity date:
24-Oct-2039
Note term:
15.0 years
Valuation Date:
17-Oct-2039
Call Val. Date 1:
08-Oct-2025
Call Val. Date 2:
08-Oct-2026
Call Val. Date 3:
08-Oct-2027
Call Val. Date 4:
06-Oct-2028
Call Val. Date 5:
09-Oct-2029
Call Val. Date 6:
08-Oct-2030
Call Val. Date 7:
08-Oct-2031
Call Val. Date 8:
08-Oct-2032
Call Val. Date 9:
07-Oct-2033
Call Val. Date 10:
06-Oct-2034
Call Val. Date 11:
09-Oct-2035
Call Val. Date 12:
08-Oct-2036
Call Val. Date 13:
09-Oct-2037
Call Val. Date 14:
11-Oct-2038
Call Val. Date 15:
10-Oct-2039

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