NBC Extendible Coupons 4.25% Flex GIC, series 407

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29370
ISM Code:
Z56XEX

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: $4.25 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:
30-Apr-2025
Maturity date:
30-Apr-2035
Note term:
10.0 years
Valuation Date:
20-Apr-2035
Call Val. Date 1:
16-Apr-2026
Call Val. Date 2:
16-Apr-2027
Call Val. Date 3:
17-Apr-2028
Call Val. Date 4:
16-Apr-2029
Call Val. Date 5:
15-Apr-2030
Call Val. Date 6:
16-Apr-2031
Call Val. Date 7:
16-Apr-2032
Call Val. Date 8:
18-Apr-2033
Call Val. Date 9:
17-Apr-2034
Call Val. Date 10:
13-Apr-2035
Initial Maturity Date:
30-Apr-2026

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Coupon Payment DatesCoupon
04-30-26$4.250Initial Maturity Date
04-30-27$4.250
05-01-28$4.250
04-30-29$4.250
04-30-30$4.250
04-30-31$4.250
04-30-32$4.250
05-02-33$4.250
05-01-34$4.250
04-30-35$4.250Final Maturity Date