National Bank of Canada Bond NTIOF6099782 Redemption Profile Revealed
A National Bank of Canada bond issue, NTIOF6099782, has a redemption profile available for review on TradingView. The bond is issued at a 5.6% coupon rate and matures on June 16, 2035. According to the data, the bond is callable and putable, with a call notice period of 10 days and a put notice period of at least 15 days.
The redemption schedule shows that the bond can be redeemed at par value (100%) starting from June 9, 2031. The first redemption event occurred on January 27, 2026, when the bond was redeemed for 100% of its face value. Subsequent redemptions have also taken place at this price.
It's worth noting that the bond issuer has a sinking fund schedule in place, which may impact decisions regarding bond redemption. Callable bonds with sinking funds can be redeemed early if certain conditions are met.