NBC Extendible Linear Accrual 4.2% Flex GIC, series 114

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29077
ISM Code:
Z56C5A

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

Issue Date:
24-Oct-2024
Sales Period:
10-Oct-2024 - 18-Oct-2024
Maturity date:
24-Oct-2029
Note term:
5.0 years
Valuation Date:
17-Oct-2029
Call Val. Date 1:
09-Oct-2025
Call Val. Date 2:
09-Oct-2026
Call Val. Date 3:
08-Oct-2027
Call Val. Date 4:
10-Oct-2028
Call Val. Date 5:
10-Oct-2029

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