NBC Extendible Coupons 5.58% Flex GIC, series 234F (USD)

Current price: US$100.00
As of 21-Apr-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC28830
ISM Code:
Z59FSK

Highlights

  • 2.01-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: US$5.58 p.a. paid 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:
18-Apr-2024
Maturity date:
20-Apr-2026
Note term:
2.0 years
Valuation Date:
13-Apr-2026
Call Val. Date 1:
04-Apr-2025
Call Val. Date 2:
06-Apr-2026
Initial Maturity Date:
21-Apr-2025

Price and Historical Values

Last Updated Date:
21-Apr-2025
Current Price:
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.

Note

As of March 28, 2025 : National Bank of Canada (the "Bank") wishes to inform holders of NBC Extendible Coupons 5.58% Flex GIC (USD), Series 234F, Advisors Category (Fundserv Code: NBC28830) (the "market-linked GIC") that the market-linked GIC will not be extended by the Bank on April 18, 2025 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 5.58% (equivalent to an annual rate of 5.58%). Capital terms used but not defined herein have the meaning ascribed thereto in the market-linked GIC Information Statement dated April 9, 2024.

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Coupon Payment DatesCoupon
04-21-25$5.580Initial Maturity Date
04-20-26$5.580Final Maturity Date