NBC Extendible Coupons GIC, series 19F (USD)

Current price: US$100.00
As of 18-Nov-2024

General Information

FundSERV Code:
NBC28316
ISM Code:
Z06NEX

Highlights

  • 3-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Coupon Payment: US$6.08 p.a. paid semi-annually.
  • Eligible for CDIC Deposit Insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.

Dates

Issue Date:
17-Nov-2022
Maturity date:
17-Nov-2025
Valuation Date:
07-Nov-2025
Call Val. Date 1:
02-Nov-2023
Call Val. Date 2:
01-Nov-2024
Call Val. Date 3:
31-Oct-2025
Initial Maturity Date:
17-Nov-2023

Price and Historical Values

Last Updated Date:
18-Nov-2024
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.

Note

As of October 25, 2024 : National Bank of Canada (the "Bank") wishes to inform holders of NBC Extendible Coupons GIC (USD), Series 19F, Advisors Category (Fundserv Code: NBC28316) (the "market-linked GIC") that the market-linked GIC will not be extended by the Bank on November 17, 2024 and that accordingly, such date will be the Maturity Date, as described under the terms and conditions of such market-linked GIC. Holders will receive the repayment of the principal invested on the Issue Date and an Interest Payment at a rate of 3.04% (equivalent to an annual rate of 6.08%). Capital terms used but not defined herein have the meaning ascribed thereto in the market-linked GIC Information Statement dated November 3, 2022.

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Coupon Payment DatesCoupon
05-17-23$3.040
11-17-23$3.040Initial Maturity Date
05-17-24$3.040
11-18-24$3.040
05-20-25$3.040
11-17-25$3.040Final Maturity Date