NBC Auto Callable Contingent Income Note Securities (Geared Buffer) linked to the Solactive GBS United States 500 Hedged to CAD Index 2% AR, Class F, due on November 21, 2030

Current price: $98.95
As of 02-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC27234
ISM Code:
V46GA6
Ticker Symbol:
US500CE2

Highlights

  • 7-year term.
  • Linked to the Solactive GBS United States 500 Hedged to CAD Index 2% AR.
  • 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: -35%
  • Call Threshold: 10% (starting after 12 months).
  • Potential Coupon Payment: $8.04 p.a. paid monthly.
  • Geared Buffer: -35%.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
21-Nov-2023
Maturity date:
21-Nov-2030
Note term:
7.0 years
Call Val. Date 1:
14-Nov-2024
Call Val. Date 2:
16-Dec-2024
Call Val. Date 3:
14-Jan-2025
Call Val. Date 4:
13-Feb-2025
Call Val. Date 5:
14-Mar-2025
Call Val. Date 6:
11-Apr-2025
Call Val. Date 7:
13-May-2025
Call Val. Date 8:
16-Jun-2025
Call Val. Date 9:
14-Jul-2025
Call Val. Date 10:
14-Aug-2025
Call Val. Date 11:
15-Sep-2025
Call Val. Date 12:
14-Oct-2025
Call Val. Date 13:
14-Nov-2025
Call Val. Date 14:
15-Dec-2025
Call Val. Date 15:
14-Jan-2026
Call Val. Date 16:
13-Feb-2026
Call Val. Date 17:
16-Mar-2026
Call Val. Date 18:
14-Apr-2026
Call Val. Date 19:
13-May-2026
Call Val. Date 20:
15-Jun-2026
Call Val. Date 21:
14-Jul-2026
Call Val. Date 22:
14-Aug-2026
Call Val. Date 23:
14-Sep-2026
Call Val. Date 24:
14-Oct-2026
Call Val. Date 25:
16-Nov-2026
Call Val. Date 26:
14-Dec-2026
Call Val. Date 27:
14-Jan-2027
Call Val. Date 28:
12-Feb-2027
Final Valuation Date:
14-Nov-2030

Price and Historical Values

Last Updated Date:
02-Jul-2024
Current Price:
$98.95
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
Solactive GBS United States 500 Hedged To CAD Index 2% AR4250.825257.5223.68%100%
Reference Portfolio Return23.68%
Indicative Variable Interest0.00%
Barrier2763.033
Call Threshold10.00%
Call Threshold Value4675.902