NBC Extendible Linear Accrual 6.45% Flex GIC, series 202F

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29365
ISM Code:
Z56WX6

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.45%, Year 2: 12.90%, Year 3: 19.35%, Year 4: 25.80%, Year 5: 32.25%, Year 6: 38.70%, Year 7: 45.15%, Year 8: 51.60%, Year 9: 58.05%, Year 10: 64.50%, Year 11: 70.95%, Year 12: 77.40%, Year 13: 83.85%, Year 14: 90.30%, Year 15: 96.75%
  • Maximum: 96.75%.
  • 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:
24-Apr-2025
Maturity date:
24-Apr-2040
Note term:
15.0 years
Valuation Date:
17-Apr-2040
Call Val. Date 1:
10-Apr-2026
Call Val. Date 2:
12-Apr-2027
Call Val. Date 3:
07-Apr-2028
Call Val. Date 4:
10-Apr-2029
Call Val. Date 5:
09-Apr-2030
Call Val. Date 6:
09-Apr-2031
Call Val. Date 7:
12-Apr-2032
Call Val. Date 8:
08-Apr-2033
Call Val. Date 9:
10-Apr-2034
Call Val. Date 10:
09-Apr-2035
Call Val. Date 11:
09-Apr-2036
Call Val. Date 12:
10-Apr-2037
Call Val. Date 13:
12-Apr-2038
Call Val. Date 14:
11-Apr-2039
Call Val. Date 15:
10-Apr-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
24-Apr-26$6.450
Extended Maturity DatesExtended Redemption Amount
26-Apr-27$12.900
24-Apr-28$19.350
24-Apr-29$25.800
24-Apr-30$32.250
24-Apr-31$38.700
26-Apr-32$45.150
25-Apr-33$51.600
24-Apr-34$58.050
24-Apr-35$64.500
24-Apr-36$70.950
24-Apr-37$77.400
26-Apr-38$83.850