NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian energy sector, Class F, due on October 6, 2021

Current price: $100.00
As of 06-Oct-2021

General Information

Issuer:
NBC
FundSERV Code:
NBC1995
ISM Code:
V79709
Ticker Symbol:
XEG
Educational Summary:
Link

Highlights

  • Approximatively 5-year term.
  • Linked to the units of the iShares® S&P/TSX Capped Energy Index ETF.
  • Potential Coupon Payments: Provided that the Reference Asset Return is higher than the Coupon Payment Threshold on the applicable Coupon Payment Valuation Date, Holders will be entitled to receive a Coupon Payment on the applicable Coupon Payment Date.
  • Coupon Payment Threshold:  -15.00% for first $7.50 Coupon Payment and 0.00% for the other Coupon Payments 
  • Call Threshold: 0.00%.
  • Potential Coupon Payments : Year 1: $7.50 if greater than Coupon Payment Threshold of -15.00% Additional $4.00 if greater than Coupon Payment Threshold of 0.00% ; Year 2: $20.00 ; Year 3: $30.00 ; Year 4: $40.00 ; Year 5: $50.00.   
  • Call frequency: Annually.
  • Participation Factor: 5%.
  • Maturity-Monitored Barrier: -30.00%.
  • 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 higher than the Call Threshold 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 Reference Portfolio Return is equal to or lower than the Call Threshold 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 Reference Portfolio Return is lower than the Call Threshold and is 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.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
06-Oct-2016
Maturity date:
06-Oct-2021
Note term:
5.0 years
Call Val. Date:
29-Sep-2017
Call Val. Date 1:
29-Sep-2017
Call Val. Date 2:
01-Oct-2018
Call Val. Date 3:
30-Sep-2019
Call Val. Date 4:
29-Sep-2020
Final Valuation Date:
29-Sep-2021

Price and Historical Values

Last Updated Date:
06-Oct-2021
Current Price:
$100.00
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.

Note

The Participation Factor was amended from 0.00% to 5.00% in the Pricing Supplement No. ACCI12 dated September 14, 2016 related to the Note Securities. The amendment took effect as of October 6, 2016. See the relevant notice to holders.

Legal Notice

Portfolio

CompanyInitial Price
iShares S&P/TSX Capped Energy Index ETF13.05