NBC Extendible Linear Accrual 5.70% Flex GIC, series 278

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC37076
ISM Code:
Z57ATQ

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 5.70%, Year 2: 11.40%, Year 3: 17.10%, Year 4: 22.80%, Year 5: 28.50%, Year 6: 34.20%, Year 7: 39.90%, Year 8: 45.60%, Year 9: 51.30%, Year 10: 57%, Year 11: 62.70%, Year 12: 68.40%, Year 13: 74.10%, Year 14: 79.80%, Year 15: 85.50%
  • 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:
13-Nov-2025
Sales Period:
04-Nov-2025 - 06-Nov-2025
Maturity date:
13-Nov-2040
Note term:
15.0 years
Valuation Date:
06-Nov-2040
Call Val. Date 1:
29-Oct-2026
Call Val. Date 2:
29-Oct-2027
Call Val. Date 3:
30-Oct-2028
Call Val. Date 4:
29-Oct-2029
Call Val. Date 5:
29-Oct-2030
Call Val. Date 6:
29-Oct-2031
Call Val. Date 7:
29-Oct-2032
Call Val. Date 8:
28-Oct-2033
Call Val. Date 9:
30-Oct-2034
Call Val. Date 10:
29-Oct-2035
Call Val. Date 11:
29-Oct-2036
Call Val. Date 12:
30-Oct-2037
Call Val. Date 13:
01-Nov-2038
Call Val. Date 14:
31-Oct-2039
Call Val. Date 15:
30-Oct-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
13-Nov-26$5.700
Extended Maturity DatesExtended Redemption Amount
15-Nov-27$11.400
14-Nov-28$17.100
13-Nov-29$22.800
13-Nov-30$28.500
13-Nov-31$34.200
15-Nov-32$39.900
14-Nov-33$45.600
14-Nov-34$51.300
13-Nov-35$57.000
13-Nov-36$62.700
13-Nov-37$68.400
15-Nov-38$74.100