Collared Floating Rate Deposit Notes, due on September 4, 2020 (USD)

Current price: US$100.00
As of 07-Sep-2020

General Information

Issuer:
NBC
FundSERV Code:
NBC3428
ISM Code:
V79238

Product Description

The Notes pay quarterly Floating Coupons based on the 3-Month USD LIBOR Rate subject to a Minimum Floating Coupon of 2.10% per annum and a Maximum Floating Coupon of 3.50% per annum. All payments under the Notes will be in American dollars. The Notes are principal-protected at maturity.

Highlights

  • Floating Coupons:  For each Floating Coupon: Reference Rate calculated on an actual/ 365 (Fixed) basis set in advance and paid quarterly, subject to the Minimum Floating Coupon and the Maximum Floating Coupon.
  • Minimum Floating Coupon: 2.10%
  • Maximum Floating Coupon: 3.50%
  • Floating Coupon Payment Dates: For each Floating Coupon: Reference Rate calculated on an actual/ 360 (Fixed) basis set in advance (as specified in the Reference Rate’s section) and paid quarterly, subject to the Minimum Floating Coupon and the Maximum Floating Coupon.
  • Reference Rate: 3-Month USD CDOR.
  • No Early Redemption.
  • Secondary Market: National Bank Financial Inc. intends to maintain until the Maturity Date, under normal market conditions, a daily secondary market for the Notes.
  • The Notes will not constitute deposits that are insured under the Canada Deposit Insurance Corporation Act.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.

Dates

Issue Date:
04-Sep-2015
Maturity date:
04-Sep-2020
Note term:
5.0 years
Valuation Date:
04-Sep-2020

Price and Historical Values

Last Updated Date:
07-Sep-2020
Current Price:
US$100.00
Currency:
USD

The bid price and any related information on the date of sale may differ from the current price and information posted above. Please refer to the offering document or your investment advisor.

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price.
Floating Coupon Payment Dates CouponReference Rate
04-Dec-150.530800.332
04-Mar-160.530830.436
06-Jun-160.536670.635
06-Sep-160.536670.680
05-Dec-160.530830.836
06-Mar-170.525000.942
05-Jun-170.536671.100
05-Sep-170.536671.218
04-Dec-170.530831.318
05-Mar-180.525001.487
04-Jun-180.536672.025
04-Sep-180.593212.321
04-Dec-180.586762.321
04-Mar-190.684032.736
04-Jun-190.668312.615
04-Sep-190.639532.503
04-Dec-190.540352.138
04-Mar-200.530831.900
04-Jun-200.536671.254
04-Sep-200.536670.331