NBC Extendible Linear Accrual 4.2% Flex GIC, series 114

Current price: $100.28
As of 20-Dec-2024

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
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

Price and Historical Values

Last Updated Date:
20-Dec-2024
Current Price:
$100.28
Current ETC:
$0.40
Price Net of ETC:
$99.88
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
99.5890.688100.277
Initial Maturity DateInitial Redemption Amount
24-Oct-25$4.200
Extended Maturity DatesExtended Redemption Amount
26-Oct-26$8.400
25-Oct-27$12.600
24-Oct-28$16.800
24-Oct-29$21.000