NBC Variable ROC Auto Callable Note Securities (Maturity- Monitored Barrier) linked to the EURO STOXX 50® Index, due on March 24, 2022

Current price: $103.85
As of 25-Sep-2017

General Information

Issuer:
NBC
FundSERV Code:
NBC1050
ISM Code:
V79571
Ticker Symbol:
SX5E

Highlights

  • 6-year term.
  • Linked to the EURO STOXX Index.
  • Potential ROC Payments: Provided that the Reference Asset Return is higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive a ROC Payment on the applicable ROC Payment Date.
  • ROC Payment Threshold: -30%.
  • Call Threshold: 15%.
  • Potential ROC Payments : $2.75 semi-annually.
  • Participation Factor of 5%.
  • Maturity-Monitored Barrier: -30%.
  • If the Reference Portfolio 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 Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return].
  • If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100.
  • If the Note Securities are not automatically called and the Reference Portfolio 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 + Reference Portfolio 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:
05-Apr-2016
Maturity date:
24-Mar-2022
Note term:
5.9 years
Call Val. Date 1:
18-Sep-2017
Call Val. Date 2:
19-Mar-2018
Call Val. Date 3:
17-Sep-2018
Call Val. Date 4:
18-Mar-2019
Call Val. Date 5:
17-Sep-2019
Call Val. Date 6:
17-Mar-2020
Call Val. Date 7:
17-Sep-2020
Call Val. Date 8:
17-Mar-2021
Call Val. Date 9:
17-Sep-2021
Final Valuation Date:
17-Mar-2022

Price and Historical Values

Last Updated Date:
25-Sep-2017
Current Price:
$103.85
Current ETC:
$0.00
Price Net of ETC:
$103.85
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 PriceReturnWeighting
EURO STOXX 50 Price EUR2890.353526.7422.02%100%
Reference Portfolio Return22.02%
Indicative Variable Interest1.10%
Barrier2023.245
Call Threshold15.00%
Called on September 25, 2017Call Threshold Value3323.9025