NBC Extendible Linear Accrual 4.15% Flex GIC, series 185

Current price: $98.45
As of 09-Jul-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC29299
ISM Code:
Z56S0A

Highlights

  • 7-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 4.15%, Year 2: 8.30%, Year 3: 12.45%, Year 4: 16.60%, Year 5: 20.75%, Year 6: 24.90%, Year 7: 29.05%
  • 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:
14-Mar-2025
Maturity date:
15-Mar-2032
Note term:
7.0 years
Valuation Date:
08-Mar-2032
Call Val. Date 1:
02-Mar-2026
Call Val. Date 2:
01-Mar-2027
Call Val. Date 3:
29-Feb-2028
Call Val. Date 4:
28-Feb-2029
Call Val. Date 5:
28-Feb-2030
Call Val. Date 6:
28-Feb-2031
Call Val. Date 7:
01-Mar-2032

Price and Historical Values

Last Updated Date:
09-Jul-2025
Current Price:
$98.45
Current ETC:
$0.28
Price Net of ETC:
$98.17
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

Clean PriceAccrued interestDirty price
97.1101.33798.447
Initial Maturity DateInitial Redemption Amount
16-Mar-26$4.150
Extended Maturity DatesExtended Redemption Amount
15-Mar-27$8.300
14-Mar-28$12.450
14-Mar-29$16.600
14-Mar-30$20.750
14-Mar-31$24.900
15-Mar-32$29.050