NBC Extendible Linear Accrual 5.95% Flex GIC, series 258

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC37029
ISM Code:
Z567E9

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 5.95%, Year 2: 11.90%, Year 3: 17.85%, Year 4: 23.80%, Year 5: 29.75%, Year 6: 35.70%, Year 7: 41.65%, Year 8: 47.60%, Year 9: 53.55%, Year 10: 59.50%, Year 11: 65.45%, Year 12: 71.40%, Year 13: 77.35%, Year 14: 83.30%, Year 15: 89.25%
  • 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:
17-Sep-2025
Maturity date:
17-Sep-2040
Note term:
15.0 years
Valuation Date:
10-Sep-2040
Call Val. Date 1:
02-Sep-2026
Call Val. Date 2:
02-Sep-2027
Call Val. Date 3:
01-Sep-2028
Call Val. Date 4:
31-Aug-2029
Call Val. Date 5:
03-Sep-2030
Call Val. Date 6:
03-Sep-2031
Call Val. Date 7:
02-Sep-2032
Call Val. Date 8:
02-Sep-2033
Call Val. Date 9:
01-Sep-2034
Call Val. Date 10:
31-Aug-2035
Call Val. Date 11:
03-Sep-2036
Call Val. Date 12:
03-Sep-2037
Call Val. Date 13:
03-Sep-2038
Call Val. Date 14:
05-Sep-2039
Call Val. Date 15:
03-Sep-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
17-Sep-26$5.950
Extended Maturity DatesExtended Redemption Amount
17-Sep-27$11.900
18-Sep-28$17.850
17-Sep-29$23.800
17-Sep-30$29.750
17-Sep-31$35.700
17-Sep-32$41.650
19-Sep-33$47.600
18-Sep-34$53.550
17-Sep-35$59.500
17-Sep-36$65.450
17-Sep-37$71.400
17-Sep-38$77.350