NBC Extendible Linear Accrual 6.10% Flex GIC, series 134

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29135

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.10%, Year 2: 12.20%, Year 3: 18.30%, Year 4: 24.40%, Year 5: 30.50%, Year 6: 36.60%, Year 7: 42.70%, Year 8: 48.80%, Year 9: 54.90%, Year 10: 61%, Year 11: 67.10%, Year 12: 73.20%, Year 13: 79.30%, Year 14: 85.40%, Year 15: 91.50%
  • 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:
27-Nov-2024
Sales Period:
19-Nov-2024 - 21-Nov-2024
Maturity date:
28-Nov-2039
Note term:
15.0 years
Valuation Date:
21-Nov-2039
Call Val. Date 1:
13-Nov-2025
Call Val. Date 2:
13-Nov-2026
Call Val. Date 3:
15-Nov-2027
Call Val. Date 4:
10-Nov-2028
Call Val. Date 5:
13-Nov-2029
Call Val. Date 6:
13-Nov-2030
Call Val. Date 7:
13-Nov-2031
Call Val. Date 8:
15-Nov-2032
Call Val. Date 9:
14-Nov-2033
Call Val. Date 10:
10-Nov-2034
Call Val. Date 11:
13-Nov-2035
Call Val. Date 12:
13-Nov-2036
Call Val. Date 13:
13-Nov-2037
Call Val. Date 14:
15-Nov-2038
Call Val. Date 15:
14-Nov-2039

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
27-Nov-25$6.100
Extended Maturity DatesExtended Redemption Amount
27-Nov-26$12.200
29-Nov-27$18.300
27-Nov-28$24.400
27-Nov-29$30.500
27-Nov-30$36.600
27-Nov-31$42.700
29-Nov-32$48.800
28-Nov-33$54.900
27-Nov-34$61.000
27-Nov-35$67.100
27-Nov-36$73.200
27-Nov-37$79.300