NBC Extendible Linear Accrual 5.95% Flex GIC, series 268

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC37054
ISM Code:
Z568ZM

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:
16-Oct-2025
Sales Period:
07-Oct-2025 - 09-Oct-2025
Maturity date:
16-Oct-2040
Note term:
15.0 years
Valuation Date:
09-Oct-2040
Call Val. Date 1:
01-Oct-2026
Call Val. Date 2:
01-Oct-2027
Call Val. Date 3:
28-Sep-2028
Call Val. Date 4:
28-Sep-2029
Call Val. Date 5:
01-Oct-2030
Call Val. Date 6:
01-Oct-2031
Call Val. Date 7:
01-Oct-2032
Call Val. Date 8:
29-Sep-2033
Call Val. Date 9:
28-Sep-2034
Call Val. Date 10:
28-Sep-2035
Call Val. Date 11:
01-Oct-2036
Call Val. Date 12:
02-Oct-2037
Call Val. Date 13:
04-Oct-2038
Call Val. Date 14:
03-Oct-2039
Call Val. Date 15:
02-Oct-2040

Legal Notice

Portfolio

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