NBC Variable ROC Note Securities (Maturity-Monitored Barrier) linked to the common shares of Staples, Inc., due on August 21, 2017
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General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC1171
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ISM Code:
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V74772
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Ticker Symbol:
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SPLS
Highlights
- 3 year term.
- Linked to the common shares of Staples Inc. (price return).
- Potential ROC Payments: Provided that the Reference Portfolio Return is higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive ROC Payments of US $3.00.
- Participation Factor: 5%.
- Maturity-Monitored Barrier: -30%.
- ROC Threshold: -18%.
- If the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to US $100 x [1+(Participation Factor x Reference Portfolio Return)].
- If the Reference Portfolio Return is nil or negative but higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to US $100.
- If the Reference Portfolio Return is negative and equal to or lower than the Barrier on the Final 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.
- A daily secondary market is subject to availability and to early trading charges.
Dates
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Issue Date:
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20-Aug-2014
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Maturity date:
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21-Aug-2017
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Note term:
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3.0 years
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Valuation Date:
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16-Aug-2017
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Price and Historical Values
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Last Updated Date:
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21-Aug-2017
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Current Price:
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US$103.00
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Current ETC:
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US$0.00
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Price Net of ETC:
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US$103.00
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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 | Final Price | Return |
Staples Inc | 11.32 | 10.22 | -9.72% |
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| | Reference Portfolio Return | -9.72% |
| | Indicative Variable Interest | 0.00% |
| | Barrier | 7.92 |
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