NBC Extendible Linear Accrual 4.2% Flex GIC, series 114
12463
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC29077
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ISM Code:
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Z56C5A
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Highlights
- 5-year term.
- Principal amount fully protected at maturity by National Bank of Canada.
- Accrual Amounts: Year 1: 4.20%, Year 2: 8.40%, Year 3: 12.60%, Year 4: 16.80%, Year 5: 21%
- 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
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Issue Date:
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24-Oct-2024
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Sales Period:
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10-Oct-2024 - 18-Oct-2024
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Maturity date:
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24-Oct-2029
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Note term:
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5.0 years
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Valuation Date:
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17-Oct-2029
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Call Val. Date 1:
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09-Oct-2025
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Call Val. Date 2:
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09-Oct-2026
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Call Val. Date 3:
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08-Oct-2027
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Call Val. Date 4:
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10-Oct-2028
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Call Val. Date 5:
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10-Oct-2029
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Legal Notice
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