NBC Fixed ROC Note Securities (Maturity-Monitored Barrier) linked
to the Canadian market, due on April 23, 2021
1871
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC1782
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ISM Code:
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V76339
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Ticker Symbol:
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XIU
Highlights
- 5.5 year term.
- Linked to the units of the iShares® S&P/TSX 60 Index ETF (price return).
- ROC Payments: $2.00 semi-annually.
- Participation Factor: 5%.
- Maturity-Monitored Barrier: -34.00%.
- Variable Return Threshold: 22.00%
- 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; or
- 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.
Dates
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Issue Date:
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23-Oct-2015
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Maturity date:
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23-Apr-2021
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Note term:
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5.5 years
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Valuation Date:
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20-Apr-2021
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Price and Historical Values
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Last Updated Date:
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23-Apr-2021
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Current Price:
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$102.84
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Current ETC:
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$0.00
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Price Net of ETC:
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$102.84
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Currency:
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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
| Company | Initial Price | Final Price | Return |
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| iShares® S&P/TSX 60 Index ETF | 20.67 | 28.67 | 38.70% |
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| | Reference Portfolio Return | 38.70% |
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| | | |
| | Barrier | 13.64 |
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