NBC Extendible Linear Accrual 8.30% Flex GIC, series 216 (USD)

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC32014
ISM Code:
Z56ZE0

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 8.30%, Year 2: 16.60%, Year 3: 24.90%, Year 4: 33.20%, Year 5: 41.50%, Year 6: 49.80%, Year 7: 58.10%, Year 8: 66.40%, Year 9: 74.70%, Year 10: 83%, Year 11: 91.30%, Year 12: 99.60%, Year 13: 107.90%, Year 14: 116.20%, Year 15: 124.50%
  • 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:
23-May-2025
Sales Period:
13-May-2025 - 16-May-2025
Maturity date:
23-May-2040
Note term:
15.0 years
Valuation Date:
16-May-2040
Call Val. Date 1:
08-May-2026
Call Val. Date 2:
10-May-2027
Call Val. Date 3:
08-May-2028
Call Val. Date 4:
08-May-2029
Call Val. Date 5:
08-May-2030
Call Val. Date 6:
08-May-2031
Call Val. Date 7:
10-May-2032
Call Val. Date 8:
09-May-2033
Call Val. Date 9:
08-May-2034
Call Val. Date 10:
08-May-2035
Call Val. Date 11:
08-May-2036
Call Val. Date 12:
11-May-2037
Call Val. Date 13:
10-May-2038
Call Val. Date 14:
09-May-2039
Call Val. Date 15:
09-May-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
26-May-26$8.300
Extended Maturity DatesExtended Redemption Amount
25-May-27$16.600
23-May-28$24.900
23-May-29$33.200
23-May-30$41.500
23-May-31$49.800
25-May-32$58.100
24-May-33$66.400
23-May-34$74.700
23-May-35$83.000
23-May-36$91.300
25-May-37$99.600
24-May-38$107.900