NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on October 4, 2030

Current price: $97.85
As of 12-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC27091
ISM Code:
V46FP5
Ticker Symbol:
XIU
Index Page:
Link
Educational Summary:
Link

Highlights

  • 7-year term.
  • Linked to the iShares® S&P/TSX 60® ETF.
  • Potential coupon payments: provided that the Reference Portfolio Return is equal to or greater than the Coupon Payment Threshold on the applicable Coupon Payment Valuation Date, Holders will be entitled to receive a coupon payment on each Coupon Payment Date.
  • Coupon Payment Threshold: -30%
  • Call Threshold: 10% (starting after 12 months).
  • Potential Coupon Payment: $8.40 p.a. paid monthly.
  • Maturity Barrier: -30%.
  • If the Reference Portfolio Return is equal to or higher than the Call Threshold on a Call Valuation Date, the Note Securities will be automatically called on the applicable Call Date and the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is negative and lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Reference Portfolio Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
04-Oct-2023
Maturity date:
04-Oct-2030
Note term:
7.0 years
Call Val. Date 1:
26-Sep-2024
Call Val. Date 2:
28-Oct-2024
Call Val. Date 3:
27-Nov-2024
Call Val. Date 4:
20-Dec-2024
Call Val. Date 5:
28-Jan-2025
Call Val. Date 6:
25-Feb-2025
Call Val. Date 7:
28-Mar-2025
Call Val. Date 8:
28-Apr-2025
Call Val. Date 9:
28-May-2025
Call Val. Date 10:
26-Jun-2025
Call Val. Date 11:
28-Jul-2025
Call Val. Date 12:
27-Aug-2025
Call Val. Date 13:
26-Sep-2025
Call Val. Date 14:
28-Oct-2025
Call Val. Date 15:
27-Nov-2025
Call Val. Date 16:
22-Dec-2025
Call Val. Date 17:
28-Jan-2026
Call Val. Date 18:
25-Feb-2026
Call Val. Date 19:
27-Mar-2026
Call Val. Date 20:
27-Apr-2026
Call Val. Date 21:
28-May-2026
Call Val. Date 22:
26-Jun-2026
Call Val. Date 23:
27-Jul-2026
Call Val. Date 24:
28-Aug-2026
Call Val. Date 25:
25-Sep-2026
Call Val. Date 26:
28-Oct-2026
Call Val. Date 27:
27-Nov-2026
Call Val. Date 28:
22-Dec-2026
Call Val. Date 29:
28-Jan-2027
Call Val. Date 30:
25-Feb-2027
Call Val. Date 31:
29-Mar-2027
Call Val. Date 32:
27-Apr-2027
Call Val. Date 33:
28-May-2027
Call Val. Date 34:
25-Jun-2027
Call Val. Date 35:
27-Jul-2027
Call Val. Date 36:
30-Aug-2027
Call Val. Date 37:
24-Sep-2027
Call Val. Date 38:
28-Oct-2027
Call Val. Date 39:
29-Nov-2027
Call Val. Date 40:
22-Dec-2027
Call Val. Date 41:
28-Jan-2028
Call Val. Date 42:
28-Feb-2028
Call Val. Date 43:
28-Mar-2028
Call Val. Date 44:
27-Apr-2028
Call Val. Date 45:
29-May-2028
Call Val. Date 46:
23-Jun-2028
Call Val. Date 47:
28-Jul-2028
Call Val. Date 48:
28-Aug-2028
Call Val. Date 49:
26-Sep-2028
Call Val. Date 50:
30-Oct-2028
Call Val. Date 51:
27-Nov-2028
Call Val. Date 52:
20-Dec-2028
Call Val. Date 53:
29-Jan-2029
Call Val. Date 54:
26-Feb-2029
Call Val. Date 55:
27-Mar-2029
Call Val. Date 56:
27-Apr-2029
Call Val. Date 57:
28-May-2029
Call Val. Date 58:
26-Jun-2029
Call Val. Date 59:
30-Jul-2029
Call Val. Date 60:
27-Aug-2029
Call Val. Date 61:
26-Sep-2029
Call Val. Date 62:
29-Oct-2029
Call Val. Date 63:
27-Nov-2029
Call Val. Date 64:
20-Dec-2029
Call Val. Date 65:
28-Jan-2030
Call Val. Date 66:
25-Feb-2030
Call Val. Date 67:
28-Mar-2030
Call Val. Date 68:
29-Apr-2030
Call Val. Date 69:
28-May-2030
Call Val. Date 70:
26-Jun-2030
Call Val. Date 71:
29-Jul-2030
Call Val. Date 72:
27-Aug-2030
Final Valuation Date:
26-Sep-2030

Price and Historical Values

Last Updated Date:
12-Jul-2024
Current Price:
$97.85
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 PriceCurrent PriceReturnWeighting
iShares® S&P/TSX 60 Index ETF28.9534.2518.31%100%
Reference Portfolio Return18.31%
Indicative Variable Interest0.00%
Barrier
Call Threshold10.00%
Call Threshold Value31.845