NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on December 5, 2019

Current price: $102.03
As of 15-Oct-2019

General Information

Issuer:
NBC
ISM Code:
V79875
Ticker Symbol:
XIU CT Equity

Dates

Issue Date:
05-Dec-2016
Maturity date:
05-Dec-2019
Note term:
3.0 years
Call Valuation Date 1:
29-May-2017
Call Valuation Date 2:
28-Nov-2017
Call Valuation Date 3:
29-May-2018
Call Valuation Date 4:
28-Nov-2018
Call Valuation Date 5:
29-May-2019
Final Valuation Date:
28-Nov-2019

Highlights

  • 3-year term.
  • Linked to the units of the iShares® S&P/TSX 60 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 each Coupon Payment Date.
  • Coupon Payment Threshold: -30.00%
  • Call Threshold: 10.00%.
  • Potential Coupon Payment: $5.15 p.a. paid semi-annually.
  • Participation factor: 0.00%.
  • Maturity 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].
  • 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]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but equal to or 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 negative but 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.

Price and Historical Values

Last Updated Date:
15-Oct-2019
Current Price:
$102.03

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 PriceCurrent PriceReturnWeighting
iShares® S&P/TSX 6022.2524.7911.42%100%
Reference Portfolio Return11.42%
Indicative Variable Interest0.00%
Barrier15.575
Call Threshold10.00%
Call Threshold Value24.475