Fixed To Capped Floating Rate Deposit Notes, Series 13

Current price: $100.00
As of 28-Jun-2021

General Information

Issuer:
NBC
ISM Code:
V76358
Ticker Symbol:
CDOR3M

Product Description

The Notes offer pre-determined quarterly Fixed Coupons (as defined below) of 2.00% annually for the first 2 years and quarterly Floating Coupons (as defined below) for the next 3 years equal to the 3-Month CDOR plus a spread of 0.70% (the “Spread”), subject to a maximum of 2.75% annually. All payments under the Notes will be in Canadian dollars. The Notes are principal-protected at maturity.

Highlights

  • 5-year term.
  • Linked to the CDOR 3M.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Spread: 0.70%
  • Maximum Coupon: 2.75%
  • Coupon Payment: 2% | 2%.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
29-Jun-2016
Maturity date:
29-Jun-2021
Note term:
5.0 years
Valuation Date:
29-Jun-2021

Price and Historical Values

Last Updated Date:
28-Jun-2021
Current Price:
$100.00
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.

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Portfolio

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