NBC Canadian Banks (AR) with Low Point Flex GIC, series 15

Current price: $101.95
As of 08-May-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC29319
ISM Code:
Z56UBH
Ticker Symbol:
SOLBEW27
Index Page:
Link
Index Guideline:
Link
Index Fact Sheet:
Link

Highlights

  • 7-year term.
  • Linked to Solactive Equal Weight Canada Bank 27 AR Index.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Return from low point over first 6 months (observed daily)
  • Participation Factor: 105%
  • 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:
07-Apr-2025
Maturity date:
07-Apr-2032
Note term:
7.0 years
Valuation Date:
31-Mar-2032

Price and Historical Values

Last Updated Date:
08-May-2025
Current Price:
$101.95
Current ETC:
$3.30
Price Net of ETC:
$98.65
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 ValueCurrent PriceReturn
Solactive Equal Weight Canada Banks 27 AR Index466.14515.8310.66%
Reference Portfolio Return10.66%
Basket Level515.830
Indicative Variable Interest12.14%
Lowest Observed Level
08-Apr-25462.38