Extendible Step-Up Deposit Notes, Series 20

Current price: $87.97
As of 18-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC2760
ISM Code:
V78321

Product Description

The Notes offer pre-determined step-up coupons (the “Coupons”). The Issuer may, at its option, extend the Notes beginning on the Initial Maturity Date and annually thereafter (each referred to as an “Extended Maturity Date”) up until the final maturity date (the “Final Maturity Date”) pursuant to the Extension Feature described below. The Notes pay semi-annual Coupons. All payments under the Notes will be in Canadian dollars.

Dates

Issue Date:
03-Jun-2016
Maturity date:
03-Jun-2031
Note term:
15.0 years
Valuation Date:
29-May-2031
Call Val. Date 1:
19-May-2021
Call Val. Date 2:
19-May-2022
Call Val. Date 3:
19-May-2023
Call Val. Date 4:
17-May-2024
Call Val. Date 5:
20-May-2025
Call Val. Date 6:
20-May-2026
Call Val. Date 7:
19-May-2027
Call Val. Date 8:
19-May-2028
Call Val. Date 9:
18-May-2029
Call Val. Date 10:
17-May-2030
Call Val. Date 11:
20-May-2031
Initial Maturity Date:
03-Jun-2021

Price and Historical Values

Last Updated Date:
18-Apr-2024
Current Price:
$87.97
Currency:
CAN

The bid price and any related information on the date of sale may differ from the current price and information posted above. Please refer to the offering document or your investment advisor.

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
86.7861.18287.967
Fixed Coupon Payment Dates (Initial Maturity Date)Coupon
12-05-16$1.455
06-05-17$1.455
12-04-17$1.455
06-04-18$1.455
12-03-18$1.455
06-03-19$1.455
12-03-19$1.455
06-03-20$1.455
12-03-20$1.455
06-03-21$1.455
Fixed Coupon Payment Dates (Extension Period) Coupon
12-03-20$1.455
06-03-21$1.455
12-03-21$1.480
06-03-22$1.480
12-05-22$1.505
06-05-23$1.505
12-04-23$1.530
06-03-24$1.530
12-03-24$1.555
06-03-25$1.555
12-03-25$1.580
$1.580
12-03-26$1.605
06-03-27$1.605
12-03-27$1.630
06-05-28$1.630
12-04-28$1.655
06-04-29$1.655
12-03-29$1.680
06-03-30$1.680
12-03-30$1.705
06-03-31$1.705