NBC Relay Variable ROC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to Global Equity Markets, due on October 7, 2019

Current price: $103.47
As of 08-Apr-2015

General Information

Issuer:
NBC
FundSERV Code:
NBC1379
ISM Code:
V77640
Ticker Symbol:
XIU, SPY, SX5E

Dates

Issue Date:
07-Oct-2014
Maturity date:
07-Oct-2019
Note term:
5.0 years
Call Valuation Date 1:
30-Mar-2015
Call Valuation Date 2:
30-Sep-2015
Call Valuation Date 3:
31-Mar-2016
Call Valuation Date 4:
30-Sep-2016
Call Valuation Date 5:
31-Mar-2017
Call Valuation Date 6:
02-Oct-2017
Call Valuation Date 7:
29-Mar-2018
Call Valuation Date 8:
01-Oct-2018
Call Valuation Date 9:
01-Apr-2019
Final Valuation Date:
30-Sep-2019

Highlights

  • 5-year term.
  • Linked to the units of the iShares® S&P/TSX 60 Index Fund, units of the SPDR® S&P 500 ETF® Trust and the Euro Stoxx 50® Index (price return).
  • Potential ROC Payments: Provided that the Lowest Reference Asset Return is higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive ROC Payments of $3.30.
  • ROC Payment Frequency: Semi-annual.
  • Participation Factor of 5%.
  • Maturity-Monitored Barrier: -30%.
  • ROC Payment Threshold: -20%.
  • If the Lowest Reference Asset Return is positive 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 + Participation Factor x Lowest Reference Asset Return].
  • Reference Asset Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Participation Factor x Lowest Reference Asset Return].
  • If the Note Securities are not automatically called and the Lowest Reference Asset Return is nil or negative but higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100.
  • If the Note Securities are not automatically called and the Lowest Reference Asset Return is negative and equal to or lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Lowest Reference Asset Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is subject to availability and to early trading charges.

Price and Historical Values

Last Updated Date:
08-Apr-2015
Current Price:
$103.47
Current ETC:
$0.00
Price Net of ETC:
$103.47

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 PriceReturn
iShares S&P/TSX 60 Index ETF21.1919.84-6.37%
SPDR S&P500 ETF Trust193.30209.098.17%
EURO STOXX 50 Price EUR3082.103445.2611.78%
Lowest Reference Asset Return-6.37%
Called on April 07, 2015