NBC Extendible Linear Accrual 5.75% Flex GIC, series 261

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC37037

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 5.75%, Year 2: 11.50%, Year 3: 17.25%, Year 4: 23%, Year 5: 28.75%, Year 6: 34.50%, Year 7: 40.25%, Year 8: 46%, Year 9: 51.75%, Year 10: 57.50%, Year 11: 63.25%, Year 12: 69%, Year 13: 74.75%, Year 14: 80.50%, Year 15: 86.25%
  • 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:
24-Sep-2025
Sales Period:
16-Sep-2025 - 18-Sep-2025
Maturity date:
24-Sep-2040
Note term:
15.0 years
Valuation Date:
17-Sep-2040
Call Val. Date 1:
10-Sep-2026
Call Val. Date 2:
10-Sep-2027
Call Val. Date 3:
11-Sep-2028
Call Val. Date 4:
10-Sep-2029
Call Val. Date 5:
10-Sep-2030
Call Val. Date 6:
10-Sep-2031
Call Val. Date 7:
10-Sep-2032
Call Val. Date 8:
12-Sep-2033
Call Val. Date 9:
11-Sep-2034
Call Val. Date 10:
10-Sep-2035
Call Val. Date 11:
10-Sep-2036
Call Val. Date 12:
10-Sep-2037
Call Val. Date 13:
10-Sep-2038
Call Val. Date 14:
12-Sep-2039
Call Val. Date 15:
10-Sep-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
24-Sep-26$5.750
Extended Maturity DatesExtended Redemption Amount
24-Sep-27$11.500
25-Sep-28$17.250
24-Sep-29$23.000
24-Sep-30$28.750
24-Sep-31$34.500
24-Sep-32$40.250
26-Sep-33$46.000
25-Sep-34$51.750
24-Sep-35$57.500
24-Sep-36$63.250
24-Sep-37$69.000
24-Sep-38$74.750