NBC Extendible Linear Accrual 6.15% Flex GIC, series 305

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC37139
ISM Code:
Z57EJQ

Highlights

  • 15-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Accrual Amounts: Year 1: 6.15%, Year 2: 12.30%, Year 3: 18.45%, Year 4: 24.60%, Year 5: 30.75%, Year 6: 36.90%, Year 7: 43.05%, Year 8: 49.20%, Year 9: 55.35%, Year 10: 61.50%, Year 11: 67.65%, Year 12: 73.80%, Year 13: 79.95%, Year 14: 86.10%, Year 15: 92.25%
  • 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:
21-Jan-2026
Sales Period:
13-Jan-2026 - 15-Jan-2026
Maturity date:
21-Jan-2041
Note term:
15.0 years
Valuation Date:
14-Jan-2041
Call Val. Date 1:
07-Jan-2027
Call Val. Date 2:
07-Jan-2028
Call Val. Date 3:
08-Jan-2029
Call Val. Date 4:
07-Jan-2030
Call Val. Date 5:
07-Jan-2031
Call Val. Date 6:
07-Jan-2032
Call Val. Date 7:
07-Jan-2033
Call Val. Date 8:
09-Jan-2034
Call Val. Date 9:
08-Jan-2035
Call Val. Date 10:
07-Jan-2036
Call Val. Date 11:
07-Jan-2037
Call Val. Date 12:
07-Jan-2038
Call Val. Date 13:
07-Jan-2039
Call Val. Date 14:
09-Jan-2040
Call Val. Date 15:
07-Jan-2041

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
21-Jan-27$6.150
Extended Maturity DatesExtended Redemption Amount
21-Jan-28$12.300
22-Jan-29$18.450
21-Jan-30$24.600
21-Jan-31$30.750
21-Jan-32$36.900
21-Jan-33$43.050
23-Jan-34$49.200
22-Jan-35$55.350
21-Jan-36$61.500
21-Jan-37$67.650
21-Jan-38$73.800
21-Jan-39$79.950