NBC Extendible Coupons 5.50% Flex GIC, series 602 (USD)

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC37241

Highlights

  • 15.01-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: US$5.50 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:
11-May-2026
Sales Period:
06-May-2026 - 07-May-2026
Maturity date:
13-May-2041
Note term:
15.0 years
Valuation Date:
06-May-2041
Call Val. Date 1:
27-Apr-2027
Call Val. Date 2:
27-Apr-2028
Call Val. Date 3:
27-Apr-2029
Call Val. Date 4:
29-Apr-2030
Call Val. Date 5:
28-Apr-2031
Call Val. Date 6:
27-Apr-2032
Call Val. Date 7:
27-Apr-2033
Call Val. Date 8:
27-Apr-2034
Call Val. Date 9:
27-Apr-2035
Call Val. Date 10:
28-Apr-2036
Call Val. Date 11:
27-Apr-2037
Call Val. Date 12:
27-Apr-2038
Call Val. Date 13:
27-Apr-2039
Call Val. Date 14:
27-Apr-2040
Call Val. Date 15:
29-Apr-2041
Initial Maturity Date:
11-May-2027

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