NBC Extendible Accrual Flex GIC, series 57

Current price: $100.00
As of 25-Apr-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC28453
ISM Code:
Z58CPV

Highlights

  • 5-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Potential accrual amounts: Year 2: 10.25%, Year 3: 15.76%, Year 4: 21.55%, Year 5: 27.63%
  • Minimum: 27.63%.
  • 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:
25-Apr-2023
Maturity date:
25-Apr-2028
Note term:
5.0 years
Valuation Date:
18-Apr-2028
Call Val. Date 1:
10-Apr-2025
Call Val. Date 2:
13-Apr-2026
Call Val. Date 3:
12-Apr-2027
Call Val. Date 4:
10-Apr-2028

Price and Historical Values

Last Updated Date:
25-Apr-2025
Current Price:
$100.00
Current ETC:
$0.00
Price Net of ETC:
$100.00
Currency:
CAN

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 April 3, 2025 : National Bank of Canada (the "Bank") wishes to inform holders of NBC Extendible Accrual Flex GIC, Series 57, Advisors Category (Fundserv Code: NBC28453) (the "market-linked GIC") that the market-linked GIC will not be extended by the Bank on April 25, 2025 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 Redemption Amount corresponding to the sum of the principal invested on the Issue Date and an amount equal to interest annually accrued at a compounded rate of 5.00% per annum. Capital terms used but not defined herein have the meaning ascribed thereto in the market-linked GIC Information Statement dated April 18, 2023.

Legal Notice

Portfolio

Clean PriceAccrued interestDirty price
Initial Maturity DateInitial Redemption Amount
25-Apr-25$10.250
Extended Maturity DatesExtended Redemption Amount
27-Apr-26$15.760
26-Apr-27$21.550
25-Apr-28$27.630
Called on Apr 25, 2025