NBC Extendible Linear Accrual 8.6% Flex GIC, series 158 (USD)

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29212
ISM Code:
Z56ML9

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 8.60%, Year 2: 17.20%, Year 3: 25.80%, Year 4: 34.40%, Year 5: 43%, Year 6: 51.60%, Year 7: 60.20%, Year 8: 68.80%, Year 9: 77.40%, Year 10: 86%, Year 11: 94.60%, Year 12: 103.20%, Year 13: 111.80%, Year 14: 120.40%, Year 15: 129%
  • 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:
23-Jan-2025
Sales Period:
14-Jan-2025 - 17-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:
07-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:
07-Jan-2033
Call Val. Date 9:
06-Jan-2034
Call Val. Date 10:
08-Jan-2035
Call Val. Date 11:
08-Jan-2036
Call Val. Date 12:
09-Jan-2037
Call Val. Date 13:
11-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
23-Jan-26$8.600
Extended Maturity DatesExtended Redemption Amount
25-Jan-27$17.200
24-Jan-28$25.800
23-Jan-29$34.400
23-Jan-30$43.000
23-Jan-31$51.600
23-Jan-32$60.200
24-Jan-33$68.800
23-Jan-34$77.400
23-Jan-35$86.000
23-Jan-36$94.600
23-Jan-37$103.200
25-Jan-38$111.800