NBC Extendible Linear Accrual 6.5% Flex GIC, series 225F

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC32049
ISM Code:
Z561KD

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.50%, Year 2: 13%, Year 3: 19.50%, Year 4: 26%, Year 5: 32.50%, Year 6: 39%, Year 7: 45.50%, Year 8: 52%, Year 9: 58.50%, Year 10: 65%, Year 11: 71.50%, Year 12: 78%, Year 13: 84.50%, Year 14: 91%, Year 15: 97.50%
  • 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-Jun-2025
Maturity date:
18-Jun-2040
Note term:
15.0 years
Valuation Date:
11-Jun-2040
Call Val. Date 1:
04-Jun-2026
Call Val. Date 2:
04-Jun-2027
Call Val. Date 3:
05-Jun-2028
Call Val. Date 4:
04-Jun-2029
Call Val. Date 5:
04-Jun-2030
Call Val. Date 6:
04-Jun-2031
Call Val. Date 7:
04-Jun-2032
Call Val. Date 8:
06-Jun-2033
Call Val. Date 9:
05-Jun-2034
Call Val. Date 10:
04-Jun-2035
Call Val. Date 11:
04-Jun-2036
Call Val. Date 12:
04-Jun-2037
Call Val. Date 13:
04-Jun-2038
Call Val. Date 14:
06-Jun-2039
Call Val. Date 15:
04-Jun-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
18-Jun-26$6.500
Extended Maturity DatesExtended Redemption Amount
18-Jun-27$13.000
19-Jun-28$19.500
18-Jun-29$26.000
18-Jun-30$32.500
18-Jun-31$39.000
18-Jun-32$45.500
20-Jun-33$52.000
19-Jun-34$58.500
18-Jun-35$65.000
18-Jun-36$71.500
18-Jun-37$78.000
18-Jun-38$84.500