NBC Fixed ROC Note Securities (Maturity-Monitored Barrier) linked to the Canadian energy sector, due on April 22, 2020

Current price: $29.73
As of 06-Apr-2020

General Information

Issuer:
NBC
FundSERV Code:
NBC1774
ISM Code:
V79050
Ticker Symbol:
XEG

Dates

Issue Date:
22-Apr-2015
Maturity date:
22-Apr-2020
Note term:
5.0 years
Valuation Date:
17-Apr-2020

Highlights

  • 5-year term.
  • Linked to the units of the iShares® S&P/TSX Capped Energy Index ETF.
  • ROC Payments: $2.125 semi-annually.
  • Variable Return Threshold: 21.25%
  • Participation Factor: 5.00%.
  • Maturity-Monitored Barrier: -35.00%.
  • If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable 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 $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 $100 x [1 + Reference Portfolio Return].
  • Variable Return is a percentage calculated as follows:(i) Where the Reference Portfolio Return on the Valuation Date is less than or equal to the Variable Return Threshold, the Variable Return will be equal to 0%.
  • (ii) Where the Reference Portfolio Return on the Valuation Date is greater than the Variable Return Threshold, 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 the Variable Return Threshold.
  • 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:
06-Apr-2020
Current Price:
$29.73
Current ETC:
$0.00
Price Net of ETC:
$29.73
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 PriceCurrent PriceReturn
iShares S&P/TSX Capped Energy Index ETF15.094.19-72.23%
Reference Portfolio Return-72.23%
Indicative Variable Interest-72.23%
Barrier9.81