NBC Extendible Linear Accrual 6.15% Flex GIC, series 235

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC32083
ISM Code:
Z563GM

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.15%, Year 2: 12.30%, Year 3: 18.45%, Year 4: 24.60%, Year 5: 30.75%, Year 6: 36.90%, Year 7: 43.05%, Year 8: 49.20%, Year 9: 55.35%, Year 10: 61.50%, Year 11: 67.65%, Year 12: 73.80%, Year 13: 79.95%, Year 14: 86.10%, Year 15: 92.25%
  • 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:
09-Jul-2025
Sales Period:
02-Jul-2025 - 03-Jul-2025
Maturity date:
09-Jul-2040
Note term:
15.0 years
Valuation Date:
02-Jul-2040
Call Val. Date 1:
23-Jun-2026
Call Val. Date 2:
23-Jun-2027
Call Val. Date 3:
22-Jun-2028
Call Val. Date 4:
21-Jun-2029
Call Val. Date 5:
21-Jun-2030
Call Val. Date 6:
23-Jun-2031
Call Val. Date 7:
23-Jun-2032
Call Val. Date 8:
23-Jun-2033
Call Val. Date 9:
23-Jun-2034
Call Val. Date 10:
22-Jun-2035
Call Val. Date 11:
23-Jun-2036
Call Val. Date 12:
25-Jun-2037
Call Val. Date 13:
25-Jun-2038
Call Val. Date 14:
27-Jun-2039
Call Val. Date 15:
25-Jun-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
09-Jul-26$6.150
Extended Maturity DatesExtended Redemption Amount
09-Jul-27$12.300
10-Jul-28$18.450
09-Jul-29$24.600
09-Jul-30$30.750
09-Jul-31$36.900
09-Jul-32$43.050
11-Jul-33$49.200
10-Jul-34$55.350
09-Jul-35$61.500
09-Jul-36$67.650
09-Jul-37$73.800
09-Jul-38$79.950