NBC Extendible Linear Accrual 5.54% Flex GIC, series 115
12464
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC29078
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ISM Code:
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Z56C5B
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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
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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-2034
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Note term:
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10.0 years
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Valuation Date:
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17-Oct-2034
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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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Call Val. Date 6:
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09-Oct-2030
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Call Val. Date 7:
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09-Oct-2031
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Call Val. Date 8:
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08-Oct-2032
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Call Val. Date 9:
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07-Oct-2033
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Call Val. Date 10:
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10-Oct-2034
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Legal Notice
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