NBC Extendible Linear Accrual 6.30% Flex GIC, series 237

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC32088
ISM Code:
Z563Q4

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.30%, Year 2: 12.60%, Year 3: 18.90%, Year 4: 25.20%, Year 5: 31.50%, Year 6: 37.80%, Year 7: 44.10%, Year 8: 50.40%, Year 9: 56.70%, Year 10: 63%, Year 11: 69.30%, Year 12: 75.60%, Year 13: 81.90%, Year 14: 88.20%, Year 15: 94.50%
  • 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:
16-Jul-2025
Maturity date:
16-Jul-2040
Note term:
15.0 years
Valuation Date:
09-Jul-2040
Call Val. Date 1:
02-Jul-2026
Call Val. Date 2:
02-Jul-2027
Call Val. Date 3:
30-Jun-2028
Call Val. Date 4:
29-Jun-2029
Call Val. Date 5:
02-Jul-2030
Call Val. Date 6:
02-Jul-2031
Call Val. Date 7:
02-Jul-2032
Call Val. Date 8:
04-Jul-2033
Call Val. Date 9:
30-Jun-2034
Call Val. Date 10:
29-Jun-2035
Call Val. Date 11:
02-Jul-2036
Call Val. Date 12:
02-Jul-2037
Call Val. Date 13:
02-Jul-2038
Call Val. Date 14:
04-Jul-2039
Call Val. Date 15:
02-Jul-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
16-Jul-26$6.300
Extended Maturity DatesExtended Redemption Amount
16-Jul-27$12.600
17-Jul-28$18.900
16-Jul-29$25.200
16-Jul-30$31.500
16-Jul-31$37.800
16-Jul-32$44.100
18-Jul-33$50.400
17-Jul-34$56.700
16-Jul-35$63.000
16-Jul-36$69.300
16-Jul-37$75.600
16-Jul-38$81.900