Extendible Step-Up Deposit Notes, Series 30

Current price: $94.02
As of 25-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC2765
ISM Code:
V73963

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.

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
15-Feb-2017
Maturity date:
16-Feb-2027
Note term:
10.0 years
Valuation Date:
10-Feb-2027
Call Val. Date 1:
01-Feb-2022
Call Val. Date 2:
01-Feb-2023
Call Val. Date 3:
01-Feb-2024
Call Val. Date 4:
03-Feb-2025
Call Val. Date 5:
02-Feb-2026
Call Val. Date 6:
01-Feb-2027
Initial Maturity Date:
15-Feb-2022

Price and Historical Values

Last Updated Date:
25-Apr-2024
Current Price:
$94.02
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
93.4530.57194.024
Fixed Coupon Payment Dates (Initial Maturity Date)Coupon
08-15-17$1.315
02-15-18$1.315
08-15-18$1.315
02-15-19$1.315
08-15-19$1.315
02-18-20$1.315
08-17-20$1.315
02-16-21$1.315
08-16-21$1.315
02-15-22$1.315
Fixed Coupon Payment Dates (Extension Period) Coupon
08-15-22$1.340
02-15-23$1.340
08-15-23$1.365
02-15-24$1.365
08-15-24$1.390
02-18-25$1.390
08-15-25$1.415
02-17-26$1.415
08-17-26$1.440
02-16-27$1.440