NBC Extendible Linear Accrual 6.25% Flex GIC, series 205

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29372
ISM Code:
Z56XEV

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.25%, Year 2: 12.50%, Year 3: 18.75%, Year 4: 25%, Year 5: 31.25%, Year 6: 37.50%, Year 7: 43.75%, Year 8: 50%, Year 9: 56.25%, Year 10: 62.50%, Year 11: 68.75%, Year 12: 75%, Year 13: 81.25%, Year 14: 87.50%, Year 15: 93.75%
  • 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:
30-Apr-2025
Maturity date:
30-Apr-2040
Note term:
15.0 years
Valuation Date:
23-Apr-2040
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
Call Val. Date 11:
16-Apr-2036
Call Val. Date 12:
16-Apr-2037
Call Val. Date 13:
16-Apr-2038
Call Val. Date 14:
18-Apr-2039
Call Val. Date 15:
16-Apr-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
30-Apr-26$6.250
Extended Maturity DatesExtended Redemption Amount
30-Apr-27$12.500
01-May-28$18.750
30-Apr-29$25.000
30-Apr-30$31.250
30-Apr-31$37.500
30-Apr-32$43.750
02-May-33$50.000
01-May-34$56.250
30-Apr-35$62.500
30-Apr-36$68.750
30-Apr-37$75.000
30-Apr-38$81.250