NBC Extendible Coupons 4% Flex GIC, series 388

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29322
ISM Code:
Z56UMN

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: $4.00 p.a. paid annually.
  • 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:
03-Apr-2025
Maturity date:
03-Apr-2035
Note term:
10.0 years
Valuation Date:
27-Mar-2035
Call Val. Date 1:
20-Mar-2026
Call Val. Date 2:
19-Mar-2027
Call Val. Date 3:
20-Mar-2028
Call Val. Date 4:
19-Mar-2029
Call Val. Date 5:
20-Mar-2030
Call Val. Date 6:
20-Mar-2031
Call Val. Date 7:
19-Mar-2032
Call Val. Date 8:
21-Mar-2033
Call Val. Date 9:
20-Mar-2034
Call Val. Date 10:
20-Mar-2035
Initial Maturity Date:
06-Apr-2026

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Coupon Payment DatesCoupon
04-06-26$4.000Initial Maturity Date
04-05-27$4.000
04-03-28$4.000
04-03-29$4.000
04-03-30$4.000
04-03-31$4.000
04-05-32$4.000
04-04-33$4.000
04-03-34$4.000
04-03-35$4.000Final Maturity Date