NBC Extendible Linear Accrual 6.35% Flex GIC, series 157

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29208
ISM Code:
Z56ML8

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.35%, Year 2: 12.70%, Year 3: 19.05%, Year 4: 25.40%, Year 5: 31.75%, Year 6: 38.10%, Year 7: 44.45%, Year 8: 50.80%, Year 9: 57.15%, Year 10: 63.50%, Year 11: 69.85%, Year 12: 76.20%, Year 13: 82.55%, Year 14: 88.90%, Year 15: 95.25%
  • 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:
22-Jan-2025
Sales Period:
14-Jan-2025 - 16-Jan-2025
Maturity date:
23-Jan-2040
Note term:
15.0 years
Valuation Date:
16-Jan-2040
Call Val. Date 1:
08-Jan-2026
Call Val. Date 2:
08-Jan-2027
Call Val. Date 3:
10-Jan-2028
Call Val. Date 4:
08-Jan-2029
Call Val. Date 5:
08-Jan-2030
Call Val. Date 6:
08-Jan-2031
Call Val. Date 7:
08-Jan-2032
Call Val. Date 8:
10-Jan-2033
Call Val. Date 9:
09-Jan-2034
Call Val. Date 10:
08-Jan-2035
Call Val. Date 11:
08-Jan-2036
Call Val. Date 12:
08-Jan-2037
Call Val. Date 13:
08-Jan-2038
Call Val. Date 14:
10-Jan-2039
Call Val. Date 15:
09-Jan-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
22-Jan-26$6.350
Extended Maturity DatesExtended Redemption Amount
22-Jan-27$12.700
24-Jan-28$19.050
22-Jan-29$25.400
22-Jan-30$31.750
22-Jan-31$38.100
22-Jan-32$44.450
24-Jan-33$50.800
23-Jan-34$57.150
22-Jan-35$63.500
22-Jan-36$69.850
22-Jan-37$76.200
22-Jan-38$82.550