Civic IQ
FINANCIAL_SERVICESONGOING

Town of Grimsby Finance Committee Agenda March 2025

Grimsby adds $2.5M National Bank FLEX GIC to 2030

$2,500,000Town of GrimsbyNATIONAL BANK OF CANADAMarch 27, 2025

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Grimsby invested $2.5 million in a National Bank FLEX GIC DSC at 4.25% maturing August 16, 2030, adding medium-term guaranteed income to its portfolio.

Contract Details

Contract Amount

$2,500,000

Vendor

NATIONAL BANK OF CANADA

Agency

Town of Grimsby, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

March 27, 2025

Contract Term

2024-08-16 to 2030-08-16

Renewal Date

2030-08-16

Renewal Info

Principal and interest payable at 2030 maturity; future investment choices to follow.

Bring us your territory.
We'll show you what is forming.

See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.

Try Civic IQ for free