NBC Extendible Linear Accrual 5.54% Flex GIC, series 115

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29078
ISM Code:
Z56C5B

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 5.54%, Year 2: 11.08%, Year 3: 16.62%, Year 4: 22.16%, Year 5: 27.70%, Year 6: 33.24%, Year 7: 38.78%, Year 8: 44.32%, Year 9: 49.86%, Year 10: 55.40%
  • 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-2034
Note term:
10.0 years
Valuation Date:
17-Oct-2034
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
Call Val. Date 6:
09-Oct-2030
Call Val. Date 7:
09-Oct-2031
Call Val. Date 8:
08-Oct-2032
Call Val. Date 9:
07-Oct-2033
Call Val. Date 10:
10-Oct-2034

Legal Notice