NBC Marathon™ (Accelerator) Note Securities (Maturity-Monitored Barrier) linked to the shares of the American Rates Market ETF (USD), Class F, due on January 12, 2026
10902
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC25288
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ISM Code:
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V46GT6
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Ticker Symbol:
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TLT
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Highlights
- 2.02-year term.
- Linked to the iShares® 20+ Year Treasury Bond ETF.
- Participation Factor: 120%
- Maturity Barrier: -20%.
- If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to US$100 x [1 + (Acceleration Factor x Reference Portfolio Return)]; or
- If the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to US$100; or;
- If the Reference Portfolio Return is negative and lower than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to US$100 x [1 + Reference Portfolio Return].
- Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
- Daily secondary market available under normal market conditions.
Dates
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Issue Date:
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04-Jan-2024
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Maturity date:
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12-Jan-2026
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Note term:
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2.0 years
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Valuation Date:
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05-Jan-2026
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Price and Historical Values
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Last Updated Date:
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30-Apr-2024
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Current Price:
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US$90.32
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Currency:
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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.
Legal Notice
Portfolio
| Company | Initial Price | Current Price | Return |
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| iShares Barclays 20+ Yr Treasury Bond ETF | 97.22 | 88.22 | -9.26% |
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| | Reference Portfolio Return | -9.26% |
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| | Indicative Variable Interest | 0.00% |
| | Barrier | 77.776 |
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