NBC Steepener Flex GIC, series 3
9804
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC28422
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ISM Code:
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Z061NW
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Ticker Symbol:
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USISSO02, USISSO30
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Highlights
- 7.01-year term.
- Linked to spread between the USCMS30 and the USCMS02.
- Principal amount fully protected at maturity by National Bank of Canada.
- Floating interest payments payable quarterly at an annual rate determined as follows: Multiplier x (USCMS30 - USCMS02), subject to a minimum and a maximum.
- Multiplier: 7.0
- Maximum Floating Interest: 26%
- Minimum Floating Interest: 1%
- 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
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Issue Date:
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23-Mar-2023
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Maturity date:
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25-Mar-2030
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Note term:
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7.0 years
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Valuation Date:
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18-Mar-2030
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Price and Historical Values
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Last Updated Date:
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02-Jul-2024
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Current Price:
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$94.15
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Current ETC:
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$0.00
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Price Net of ETC:
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$94.15
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Currency:
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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 Price | Accrued interest | Dirty price |
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| 94.12338 | 0.02222 | 94.1456 |
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| Floating Coupon Payment Dates | Coupon Amount | |
|---|
| 06-23-23 | 0.25 | |
| 09-25-23 | 0.25 | |
| 12-27-23 | 0.25 | |
| 03-25-24 | 0.25 | |
| 06-25-24 | 0.25 | |
| 09-23-24 | 0.25 | |
| 12-23-24 | | |
| 03-24-25 | | |
| 06-23-25 | | |
| 09-23-25 | | |
| 12-23-25 | | |
| 03-23-26 | | |
| 06-23-26 | | |
| 09-23-26 | | |
| 12-23-26 | | |
| 03-23-27 | | |
| 06-23-27 | | |
| 09-23-27 | | |
| 12-23-27 | | |
| 03-23-28 | | |
| 06-23-28 | | |
| 09-25-28 | | |
| 12-27-28 | | |
| 03-23-29 | | |
| 06-26-29 | | |
| 09-24-29 | | |
| 12-24-29 | | |
| 03-25-30 | | |
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| Floating Coupon Payment Dates | USISSO30 Index | USISSO02 Index |
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| 06-23-23 | 2.974 | 4.105 |
| 09-25-23 | 3.199 | 4.627 |
| 12-27-23 | 3.87 | 5.034 |
| 03-25-24 | 3.349 | 4.122 |
| 06-25-24 | 3.723 | 4.533 |
| 09-23-24 | 3.65 | 4.568 |
| 12-23-24 | | |
| 03-24-25 | | |
| 06-23-25 | | |
| 09-23-25 | | |
| 12-23-25 | | |
| 03-23-26 | | |
| 06-23-26 | | |
| 09-23-26 | | |
| 12-23-26 | | |
| 03-23-27 | | |
| 06-23-27 | | |
| 09-23-27 | | |
| 12-23-27 | | |
| 03-23-28 | | |
| 06-23-28 | | |
| 09-25-28 | | |
| 12-27-28 | | |
| 03-23-29 | | |
| 06-26-29 | | |
| 09-24-29 | | |
| 12-24-29 | | |
| 03-25-30 | | |
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