NBC Floating Rate Flex GIC, series 7 (USD)

Current price: US$100.00
As of 04-Nov-2022

General Information

Issuer:
NBC
FundSERV Code:
NBC11805
ISM Code:
Z5702V
Ticker Symbol:
LIBOR 3M

Highlights

  • 3-year term.
  • Linked to the LIBOR 3M.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Spread: 0.50%
  • Maximum Coupon: 3.50%
  • Coupon Payment: US$2.45 p.a. paid quarterly.
  • 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:
05-Nov-2019
Maturity date:
04-Nov-2022
Note term:
3.0 years
Valuation Date:
04-Nov-2022

Price and Historical Values

Last Updated Date:
04-Nov-2022
Current Price:
US$100.00
Current ETC:
US$0.00
Price Net of ETC:
US$100.00
Currency:
USD

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.
Floating Coupon Payment Dates CouponReference Rate