NBC Canadian banks Plus Deposit Notes, Series 3F

Current price: $98.53
As of 15-May-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC26617
ISM Code:
V86881
Ticker Symbol:
BMO, BNS, CIBC, RY, TD

Product Description

The Deposits aim to provide you with a return at maturity linked to the performance of a notional Reference Portfolio composed of one or more Reference Assets, including Guaranteed Annual Interest payment.

Highlights

  • 8-year term.
  • Linked to a portfolio of Canadian banks.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 100.00%.
  • Holders will be entitled to receive a coupon of 2.00% annually.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is maintained subject to availability. A Holder who sells Deposits prior to maturity may receive less than the Principal Amount per Deposit.
  • $1,000 minimum subscription (10 Deposits).

Dates

Issue Date:
01-Oct-2018
Maturity date:
01-Oct-2026
Note term:
8.0 years
Valuation Date:
24-Sep-2026

Price and Historical Values

Last Updated Date:
15-May-2024
Current Price:
$98.53
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.

Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
Bank of Montreal106.85129.5621.25%
Bank of Nova Scotia76.1965.99-13.39%
Canadian Imperial Bank of Commerce60.75566.9710.23%
Royal Bank of Canada103.6143.5238.53%
Toronto-Dominion Bank78.3277.35-1.24%
Reference Portfolio Return11.08%
Basket Level1 110.781
Indicative Variable Interest0.00%