NBC Extendible Linear Accrual 5.87% Flex GIC, series 290

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC37100

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 5.87%, Year 2: 11.74%, Year 3: 17.61%, Year 4: 23.48%, Year 5: 29.35%, Year 6: 35.22%, Year 7: 41.09%, Year 8: 46.96%, Year 9: 52.83%, Year 10: 58.70%, Year 11: 64.57%, Year 12: 70.44%, Year 13: 76.31%, Year 14: 82.18%, Year 15: 88.05%
  • 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:
10-Dec-2025
Sales Period:
02-Dec-2025 - 04-Dec-2025
Maturity date:
10-Dec-2040
Note term:
15.0 years
Valuation Date:
03-Dec-2040
Call Val. Date 1:
26-Nov-2026
Call Val. Date 2:
26-Nov-2027
Call Val. Date 3:
27-Nov-2028
Call Val. Date 4:
26-Nov-2029
Call Val. Date 5:
26-Nov-2030
Call Val. Date 6:
26-Nov-2031
Call Val. Date 7:
26-Nov-2032
Call Val. Date 8:
28-Nov-2033
Call Val. Date 9:
27-Nov-2034
Call Val. Date 10:
26-Nov-2035
Call Val. Date 11:
26-Nov-2036
Call Val. Date 12:
26-Nov-2037
Call Val. Date 13:
26-Nov-2038
Call Val. Date 14:
28-Nov-2039
Call Val. Date 15:
26-Nov-2040

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
10-Dec-26$5.870
Extended Maturity DatesExtended Redemption Amount
10-Dec-27$11.740
11-Dec-28$17.610
10-Dec-29$23.480
10-Dec-30$29.350
10-Dec-31$35.220
10-Dec-32$41.090
12-Dec-33$46.960
11-Dec-34$52.830
10-Dec-35$58.700
10-Dec-36$64.570
10-Dec-37$70.440
10-Dec-38$76.310