NBC Extendible Linear Accrual 8% Flex GIC, series 191 (USD)

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29329
ISM Code:
Z56U16

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 8%, Year 2: 16%, Year 3: 24%, Year 4: 32%, Year 5: 40%, Year 6: 48%, Year 7: 56%, Year 8: 64%, Year 9: 72%, Year 10: 80%, Year 11: 88%, Year 12: 96%, Year 13: 104%, Year 14: 112%, Year 15: 120%
  • 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-2040
Note term:
15.0 years
Valuation Date:
27-Mar-2040
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:
19-Mar-2035
Call Val. Date 11:
20-Mar-2036
Call Val. Date 12:
20-Mar-2037
Call Val. Date 13:
22-Mar-2038
Call Val. Date 14:
21-Mar-2039
Call Val. Date 15:
20-Mar-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
06-Apr-26$8.000
Extended Maturity DatesExtended Redemption Amount
05-Apr-27$16.000
03-Apr-28$24.000
03-Apr-29$32.000
03-Apr-30$40.000
03-Apr-31$48.000
05-Apr-32$56.000
04-Apr-33$64.000
03-Apr-34$72.000
03-Apr-35$80.000
03-Apr-36$88.000
03-Apr-37$96.000
05-Apr-38$104.000