NBC Auto Callable Contingent Income Note Securities (Geared Buffer) linked to the Solactive United States Big Banks Index 3.25% AR (USD), due on December 23, 2031

Current price: US$101.13
As of 04-Feb-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC29926
ISM Code:
V46NQ0
Ticker Symbol:
SOUSBB3
Index Page:
Link
Index Guideline:
Link

Highlights

  • 7-year term.
  • Linked to the Solactive United States Big Banks Index 3.25% 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: -25%
  • Call Threshold: 5% (starting after 6 months).
  • Potential Coupon Payment: US$8.04 p.a. paid monthly.
  • Geared Buffer: -20%.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
23-Dec-2024
Maturity date:
23-Dec-2031
Note term:
7.0 years
Call Val. Date 1:
13-Jun-2025
Call Val. Date 2:
16-Jul-2025
Call Val. Date 3:
18-Aug-2025
Call Val. Date 4:
16-Sep-2025
Call Val. Date 5:
16-Oct-2025
Call Val. Date 6:
17-Nov-2025
Call Val. Date 7:
16-Dec-2025
Call Val. Date 8:
15-Jan-2026
Call Val. Date 9:
13-Feb-2026
Call Val. Date 10:
16-Mar-2026
Call Val. Date 11:
16-Apr-2026
Call Val. Date 12:
15-May-2026
Call Val. Date 13:
15-Jun-2026
Call Val. Date 14:
16-Jul-2026
Call Val. Date 15:
17-Aug-2026
Call Val. Date 16:
16-Sep-2026
Call Val. Date 17:
16-Oct-2026
Call Val. Date 18:
16-Nov-2026
Call Val. Date 19:
16-Dec-2026
Call Val. Date 20:
15-Jan-2027
Call Val. Date 21:
16-Feb-2027
Call Val. Date 22:
16-Mar-2027
Call Val. Date 23:
16-Apr-2027
Call Val. Date 24:
17-May-2027
Call Val. Date 25:
15-Jun-2027
Call Val. Date 26:
16-Jul-2027
Call Val. Date 27:
16-Aug-2027
Call Val. Date 28:
16-Sep-2027
Call Val. Date 29:
18-Oct-2027
Call Val. Date 30:
16-Nov-2027
Call Val. Date 31:
16-Dec-2027
Call Val. Date 32:
14-Jan-2028
Final Valuation Date:
16-Dec-2031

Price and Historical Values

Last Updated Date:
04-Feb-2025
Current Price:
US$101.13
Current ETC:
US$2.40
Price Net of ETC:
US$98.73
Currency:
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

CompanyInitial PriceCurrent PriceReturnWeighting
Solactive United States Big Banks Index 3.25% AR2164.912394.5810.61%100%
Reference Portfolio Return10.61%
Indicative Variable Interest0.00%
Barrier1731.928
Call Threshold5.00%
Call Threshold Value2273.1555