NBC Relay Variable ROC Auto Callable Note Securities (Maturity- Monitored Barrier) linked to Global Equity Markets, due on August 10, 2020

Current price: $103.50
As of 10-Aug-2020

General Information

Issuer:
NBC
FundSERV Code:
NBC1387
ISM Code:
V74778
Ticker Symbol:
XIU, SPY, SX5E

Highlights

  • 5-year term.
  • Linked to the units of the iShares® S&P/TSX 60 Index Fund ETF, units of the SPDR® S&P 500 ETF® Trust and the Euro Stoxx 50® Index (price return).
  • Potential ROC Payments: $3.50 semi-annually.
  • Participation Factor of 5%.
  • Maturity-Monitored Barrier: -25%.
  • ROC Payment Threshold: -25%.
  • If the Lowest Reference Asset Return is higher than the Call Threshold 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 + Variable Return]; or
  • If the Note Securities are not automatically called and the Lowest Reference Asset Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
  • 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; or
  • 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.

Dates

Issue Date:
10-Aug-2015
Maturity date:
10-Aug-2020
Note term:
5.0 years
Call Val. Date 1:
03-Feb-2016
Call Val. Date 2:
03-Aug-2016
Call Val. Date 3:
03-Feb-2017
Call Val. Date 4:
02-Aug-2017
Call Val. Date 5:
05-Feb-2018
Call Val. Date 6:
02-Aug-2018
Call Val. Date 7:
04-Feb-2019
Call Val. Date 8:
02-Aug-2019
Call Val. Date 9:
03-Feb-2020
Final Valuation Date:
31-Jul-2020

Price and Historical Values

Last Updated Date:
10-Aug-2020
Current Price:
$103.50
Current ETC:
$0.00
Price Net of ETC:
$103.50
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 PriceFinal PriceReturn
SPDR S&P 500 ETF Trust210.57326.5255.06%
EURO STOXX 503674.943174.32-13.62%
iShares® S&P/TSX 60 Index ETF21.5224.5213.94%
Lowest Reference Asset Return-13.62%