NBC Extendible Coupons 6% Flex GIC, series 143F

Current price: $100.00
As of 22-Nov-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28662
ISM Code:
Z58XR4

Highlights

  • 4-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: $6.00 p.a. paid semi-annually.
  • 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:
22-Nov-2023
Maturity date:
22-Nov-2027
Note term:
4.0 years
Valuation Date:
15-Nov-2027
Call Val. Date 1:
07-Nov-2024
Call Val. Date 2:
07-Nov-2025
Call Val. Date 3:
06-Nov-2026
Call Val. Date 4:
05-Nov-2027
Initial Maturity Date:
22-Nov-2024

Price and Historical Values

Last Updated Date:
22-Nov-2024
Current Price:
$100.00
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.

Note

As of October 31, 2024 : National Bank of Canada (the "Bank") wishes to inform holders of NBC Extendible Coupons 6.00% Flex GIC, Series 143F, Advisors Category (Fundserv Code: NBC28662) (the "market-linked GIC") that the market-linked GIC will not be extended by the Bank on November 22, 2024 and that accordingly, such date will be the Maturity Date, as described under the terms and conditions of such market-linked GIC. Holders will receive the repayment of the principal invested on the Issue Date and an Interest Payment at a rate of 3.00% (equivalent to an annual rate of 6.00%). Capital terms used but not defined herein have the meaning ascribed thereto in the market-linked GIC Information Statement dated November 10, 2023.

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Coupon Payment DatesCoupon
05-22-24$3.000
11-22-24$3.000Initial Maturity Date
05-22-25$3.000
11-24-25$3.000
05-22-26$3.000
11-23-26$3.000
05-25-27$3.000
11-22-27$3.000Final Maturity Date