NBC Expedition Note Securities (Buffered) linked to the units of the SPDR® S&P 500® ETF Trust, Class F, due on October 6, 2020 (non principal protected note securities)

Current price: US$155.79
As of 22-Jun-2020

General Information

Issuer:
NBC
ISM Code:
V77747

Highlights

  • 6 year term
  • Linked to units of the SPDR® S&P 500® ETF Trust. 
  • Buffer of 28.50%
  • Barrier of -28.50%.
  • If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to USD $100 x [1 + Reference Portfolio Return].
  • If the Reference Portfolio Return is nil or negative but higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to USD $100.
  • If the Reference Portfolio Return is negative and equal to or lower than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to USD $100 x [1 + Reference Portfolio Return + Buffer].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is subject to availabilityunder normal market conditions.

Dates

Issue Date:
06-Oct-2014
Maturity date:
06-Oct-2020
Note term:
6.0 years
Valuation Date:
01-Oct-2020

Price and Historical Values

Last Updated Date:
22-Jun-2020
Current Price:
US$155.79
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 PriceReturn
SPDR S&P 500196.30310.6258.24%
Reference Portfolio Return58.24%
Barrier140.3545