Fixed income Deposit Notes, Series 1

Current price: $100.82
As of 16-Jan-2019

General Information

Series:
FI1
Issuer:
NBC
FundSERV Code:
NBC28004
ISM Code:
V86369

Dates

Issue Date:
17-Apr-2018
Maturity date:
17-Jan-2019
Note term:
9 months
Valuation Date:
14-Jan-2019

Product Description

The Notes offer a pre-determined Interest Payment (as defined below) at maturity of $1.425 per Note (equivalent to 1.90% annually). All payments under the Notes will be in Canadian dollars.

Highlights

  • Interest Payment:  $1.425 per Note paid on the Maturity Date (equivalent to 1.90% annually)..
  • Repayment of Principal Amount: The Principal Amount will be repaid on the Maturity Date.
  • Reference Rate: 1-Month CDOR.
  • No Early Redemption.
  • Secondary Market: Agent intends to maintain until the Maturity Date, under normal market conditions, a daily secondary market for the Notes. The Agent is under no obligation to facilitate or arrange a secondary market, and in its sole discretion, may stop maintaining a market for the Notes at any time, without any prior notice to Holders. There can be no assurance that a secondary market will be available or that such market will be liquid or sustainable.
  • The Notes will not constitute deposits that are insured under the Canada Deposit Insurance Corporation Act.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.

Price and Historical Values

Last Updated Date:
16-Jan-2019
Current Price:
$100.82

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.
100.8151.046101.861