NBC Extendible Linear Accrual 5.85% Flex GIC, series 168F

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29241
ISM Code:
Z56QCB

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 5.85%, Year 2: 11.70%, Year 3: 17.55%, Year 4: 23.40%, Year 5: 29.25%, Year 6: 35.10%, Year 7: 40.95%, Year 8: 46.80%, Year 9: 52.65%, Year 10: 58.50%, Year 11: 64.35%, Year 12: 70.20%, Year 13: 76.05%, Year 14: 81.90%, Year 15: 87.75%
  • 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:
12-Feb-2025
Maturity date:
13-Feb-2040
Note term:
15.0 years
Valuation Date:
06-Feb-2040
Call Val. Date 1:
29-Jan-2026
Call Val. Date 2:
29-Jan-2027
Call Val. Date 3:
31-Jan-2028
Call Val. Date 4:
29-Jan-2029
Call Val. Date 5:
29-Jan-2030
Call Val. Date 6:
29-Jan-2031
Call Val. Date 7:
29-Jan-2032
Call Val. Date 8:
31-Jan-2033
Call Val. Date 9:
30-Jan-2034
Call Val. Date 10:
29-Jan-2035
Call Val. Date 11:
29-Jan-2036
Call Val. Date 12:
29-Jan-2037
Call Val. Date 13:
29-Jan-2038
Call Val. Date 14:
31-Jan-2039
Call Val. Date 15:
30-Jan-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
12-Feb-26$5.850
Extended Maturity DatesExtended Redemption Amount
12-Feb-27$11.700
14-Feb-28$17.550
12-Feb-29$23.400
12-Feb-30$29.250
12-Feb-31$35.100
12-Feb-32$40.950
14-Feb-33$46.800
13-Feb-34$52.650
12-Feb-35$58.500
12-Feb-36$64.350
12-Feb-37$70.200
12-Feb-38$76.050