NBC Extendible Linear Accrual 6.40% Flex GIC, series 212

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29396
ISM Code:
Z56YSZ

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.40%, Year 2: 12.80%, Year 3: 19.20%, Year 4: 25.60%, Year 5: 32%, Year 6: 38.40%, Year 7: 44.80%, Year 8: 51.20%, Year 9: 57.60%, Year 10: 64%, Year 11: 70.40%, Year 12: 76.80%, Year 13: 83.20%, Year 14: 89.60%, Year 15: 96%
  • 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-May-2025
Maturity date:
14-May-2040
Note term:
15.0 years
Valuation Date:
07-May-2040
Call Val. Date 1:
30-Apr-2026
Call Val. Date 2:
30-Apr-2027
Call Val. Date 3:
01-May-2028
Call Val. Date 4:
30-Apr-2029
Call Val. Date 5:
30-Apr-2030
Call Val. Date 6:
30-Apr-2031
Call Val. Date 7:
30-Apr-2032
Call Val. Date 8:
02-May-2033
Call Val. Date 9:
01-May-2034
Call Val. Date 10:
30-Apr-2035
Call Val. Date 11:
30-Apr-2036
Call Val. Date 12:
30-Apr-2037
Call Val. Date 13:
30-Apr-2038
Call Val. Date 14:
02-May-2039
Call Val. Date 15:
30-Apr-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
14-May-26$6.400
Extended Maturity DatesExtended Redemption Amount
14-May-27$12.800
15-May-28$19.200
14-May-29$25.600
14-May-30$32.000
14-May-31$38.400
14-May-32$44.800
16-May-33$51.200
15-May-34$57.600
14-May-35$64.000
14-May-36$70.400
14-May-37$76.800
14-May-38$83.200