NBC Auto Callable Canadian Large Capitalization Companies (AR) Flex GIC, series 19F

Current price: $103.38
As of 30-Oct-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC29280
ISM Code:
Z56RYW
Ticker Symbol:
SOLCLC62
Index Page:
Link
Index Guideline:
Link

Highlights

  • 7.01-year term.
  • Linked to Solactive Canada Select Large Capitalizations II 62 AR Index.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is equal to or greater than the Call Threshold: Year 2: 12%, Year 3: 18%, Year 4: 24%, Year 5: 30%, Year 6: 36%, Year 7: 42%
  • Call Threshold: 5%.
  • Variable Return is applicable where the Reference Portfolio Return is greater than the Fixed Return applicable to the given Call Valuation Date or Final Valuation Date, and the Variable Return will be equal to the product of (i) the Participation Factor and (ii) the amount by which the Reference Portfolio Return exceeds such Fixed Return.
  • Participation Factor: 5%
  • if the Reference Portfolio Return is equal to or higher than the Call Threshold on a Call Valuation Date, the Deposits will be automatically called on the applicable Call Date and the Maturity Redemption Payment will be equal to the Principal Amount x [1 + Fixed Return applicable to the given Call Valuation Date + Variable Return]; or
  • if the Deposits are not automatically called and the Reference Portfolio Return is equal to or higher than the Call Threshold on the Final Valuation Date, the Maturity Redemption Payment will be equal to the Principal Amount x [1 + Fixed Return applicable to the Final Valuation Date + Variable Return]; or
  • if the Deposits are not automatically called and the Reference Portfolio Return is lower than the Call Threshold on the Final Valuation Date, the Maturity Redemption Payment will be equal to the Principal Amount.
  • Eligible for CDIC Deposit Insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Can be sold back to the Bank on a daily basis subject to normal market conditions. An investor who sells the Deposit prior to maturity may receive less than the Principal Amount per Deposit.

Dates

Issue Date:
06-Mar-2025
Maturity date:
08-Mar-2032
Note term:
7.0 years
Call Val. Date 1:
01-Mar-2027
Call Val. Date 2:
28-Feb-2028
Call Val. Date 3:
27-Feb-2029
Call Val. Date 4:
27-Feb-2030
Call Val. Date 5:
27-Feb-2031
Final Valuation Date:
01-Mar-2032

Price and Historical Values

Last Updated Date:
30-Oct-2025
Current Price:
$103.38

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 ValueCurrent PriceReturn
Solactive Canada Select Large Capitalizations II 62 AR Index1126.341328.1017.91%
Reference Portfolio Return17.91%
Basket Level1 179.129
Indicative Variable Interest12.30%