NBC Canadian Banks Portfolio Flex GIC, series 32

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC26880
ISM Code:
Z7630F
Ticker Symbol:
BMO, BNS, CM, RY, TD

Dates

Issue Date:
14-Aug-2020
Sales Period:
30-Jul-2020 - 10-Aug-2020
Maturity date:
14-Feb-2024
Note term:
3.5 years
Valuation Date:
07-Feb-2024

Highlights

  • 3.5-year term.
  • Linked to Canadian banks.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation Factor: 100%
  • Maximum: 7.50%.
  • 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.
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