NBC Extendible Step-Up Flex GIC, series 7

Current price: $84.81
As of 18-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC11819
ISM Code:
Z8339Q

Highlights

  • 10-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • 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:
28-Oct-2020
Maturity date:
28-Oct-2030
Note term:
10.0 years
Valuation Date:
28-Oct-2030
Call Val. Date 1:
14-Oct-2021
Call Val. Date 2:
14-Oct-2022
Call Val. Date 3:
16-Oct-2023
Call Val. Date 4:
11-Oct-2024
Call Val. Date 5:
14-Oct-2025
Call Val. Date 6:
14-Oct-2026
Call Val. Date 7:
14-Oct-2027
Call Val. Date 8:
16-Oct-2028
Call Val. Date 9:
15-Oct-2029
Call Val. Date 10:
11-Oct-2030
Initial Maturity Date:
28-Oct-2021

Price and Historical Values

Last Updated Date:
18-Apr-2024
Current Price:
$84.81

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
83.9860.82284.807
Coupon Payment DatesCoupon
04-28-21$0.700
10-28-21$0.700Initial Maturity Date
04-28-22$0.750
10-28-22$0.750
04-28-23$0.800
10-30-23$0.800
04-29-24$0.850
10-28-24$0.850
04-28-25$1.000
10-28-25$1.000
04-28-26$1.125
10-28-26$1.125
04-28-27$1.250
10-28-27$1.250
04-28-28$1.350
10-30-28$1.350
04-30-29$1.400
10-29-29$1.400
04-29-30$1.500
10-28-30$1.500Final Maturity Date