NBC Extendible Linear Accrual 6.20% Flex GIC, series 203

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29366
ISM Code:
Z56WX7

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.20%, Year 2: 12.40%, Year 3: 18.60%, Year 4: 24.80%, Year 5: 31%, Year 6: 37.20%, Year 7: 43.40%, Year 8: 49.60%, Year 9: 55.80%, Year 10: 62%, Year 11: 68.20%, Year 12: 74.40%, Year 13: 80.60%, Year 14: 86.80%, Year 15: 93%
  • 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$6.200
Extended Maturity DatesExtended Redemption Amount
26-Apr-27$12.400
24-Apr-28$18.600
24-Apr-29$24.800
24-Apr-30$31.000
24-Apr-31$37.200
26-Apr-32$43.400
25-Apr-33$49.600
24-Apr-34$55.800
24-Apr-35$62.000
24-Apr-36$68.200
24-Apr-37$74.400
26-Apr-38$80.600