NBC Extendible Coupons 4.40% Flex GIC, series 588

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC37218
ISM Code:
Z57KL7

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: $4.40 p.a. paid annually.
  • 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:
22-Apr-2026
Sales Period:
14-Apr-2026 - 16-Apr-2026
Maturity date:
22-Apr-2036
Note term:
10.0 years
Valuation Date:
15-Apr-2036
Call Val. Date 1:
08-Apr-2027
Call Val. Date 2:
07-Apr-2028
Call Val. Date 3:
09-Apr-2029
Call Val. Date 4:
05-Apr-2030
Call Val. Date 5:
07-Apr-2031
Call Val. Date 6:
08-Apr-2032
Call Val. Date 7:
07-Apr-2033
Call Val. Date 8:
10-Apr-2034
Call Val. Date 9:
09-Apr-2035
Call Val. Date 10:
07-Apr-2036
Initial Maturity Date:
22-Apr-2027

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Coupon Payment DatesCoupon
04-22-27$4.400Initial Maturity Date
04-24-28$4.400
04-23-29$4.400
04-22-30$4.400
04-22-31$4.400
04-22-32$4.400
04-22-33$4.400
04-24-34$4.400
04-24-35$4.400
04-22-36$4.400Final Maturity Date