NBC Extendible Linear Accrual 5.65% Flex GIC, series 169

Current price: $96.86
As of 12-Mar-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC29243
ISM Code:
Z56QCC

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 5.65%, Year 2: 11.30%, Year 3: 16.95%, Year 4: 22.60%, Year 5: 28.25%, Year 6: 33.90%, Year 7: 39.55%, Year 8: 45.20%, Year 9: 50.85%, Year 10: 56.50%, Year 11: 62.15%, Year 12: 67.80%, Year 13: 73.45%, Year 14: 79.10%, Year 15: 84.75%
  • 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

Price and Historical Values

Last Updated Date:
12-Mar-2025
Current Price:
$96.86
Current ETC:
$1.50
Price Net of ETC:
$95.36
Currency:
CAN

The bid price and any related information on the date of sale may differ from the current price and information posted above. Please refer to the offering document or your investment advisor.

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
96.3780.48796.864
Initial Maturity DateInitial Redemption Amount
12-Feb-26$5.650
Extended Maturity DatesExtended Redemption Amount
12-Feb-27$11.300
14-Feb-28$16.950
12-Feb-29$22.600
12-Feb-30$28.250
12-Feb-31$33.900
12-Feb-32$39.550
14-Feb-33$45.200
13-Feb-34$50.850
12-Feb-35$56.500
12-Feb-36$62.150
12-Feb-37$67.800
12-Feb-38$73.450