NBC Canadian banks Plus Deposit Notes, Series 1

Current price: $123.39
As of 02-Sep-2021

General Information

Issuer:
NBC
FundSERV Code:
NBC3090
ISM Code:
V79679

Product Description

The Deposits aim to provide you with a return at maturity linked to the performance of a notional Reference Portfolio composed of one or more Reference Assets, including Guaranteed Annual Interest payment.

Highlights

  • 5-year term.
  • Principal invested on the Issue Date is 100% protected at maturity.
  • Participation factor: 57.50%
  • Holders will be entitled to receive a coupon of 0.25% on each of the Interest Dates.
  • The Reference Portfolio Return is an arithmetic average (expressed as a percentage and rounded to two decimal places) of the price return of the Reference Shares over the period starting on the Issue Date of the NBC Canadian Banks Plus Deposit Notes and ending on the Valuation Date.
  • If the Reference Portfolio does not generate a positive price return at maturity, the NBC Canadian Equity Deposit Notes will not generate any Variable Interest and, in this case, no return will be paid.
  • The Market Maker intends to maintain until the Valuation Date, under normal market conditions, a daily secondary market for the Deposits.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.

Dates

Issue Date:
02-Sep-2016
Maturity date:
02-Sep-2021
Note term:
5.0 years
Valuation Date:
26-Aug-2021

Price and Historical Values

Last Updated Date:
02-Sep-2021
Current Price:
$123.39
Current ETC:
$0.00
Price Net of ETC:
$123.39
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 Value
Bank of Montreal87.02
Bank of Nova Scotia70.49
Canadian Imperial Bank of Commerce52.015
Royal Bank of Canada81.5
Toronto-Dominion Bank58.77