NBC Canadian banks (AR) Fixed ROC Flex GIC, series 1

Current price: $91.01
As of 24-Dec-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28090
ISM Code:
Z05U9U
Ticker Symbol:
SOLCBEW5
Index Page:
Link
Index Guideline:
Link
Index Fact Sheet:
Link

Highlights

  • 3.01-year term.
  • Linked to Solactive Equal Weight Canada Banks 5% AR Index.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Guaranteed ROC Payment: $5.00 p.a. paid annually.
  • Participation Factor: 70%
  • 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:
08-Mar-2022
Maturity date:
10-Mar-2025
Note term:
3.0 years
Valuation Date:
03-Mar-2025

Price and Historical Values

Last Updated Date:
24-Dec-2024
Current Price:
$91.01
Current ETC:
$0.00
Price Net of ETC:
$91.01
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

CompanyInitial ValueCurrent PriceReturn
Solactive Equal Weight Canada Banks 5% AR Index204.14215.955.79%
Reference Portfolio Return5.79%
Basket Level1 057.852
Indicative Variable Interest4.05%