NBC Bonus TwoStep™ (Barrier Booster) Note Securities (Buffered) linked to portfolio of American companies (USD), due on December 21, 2022

Current price: US$188.91
As of 21-Dec-2022

General Information

Issuer:
NBC
FundSERV Code:
NBC2730
ISM Code:
V79919
Ticker Symbol:
AMGN; COST; MSFT; CAT; DOW; GE; HD; IR; MMM; USB

Highlights

  • 6 years term.
  • Linked to a portfolio of American companies.
  • Bonus TwoStep™ (Barrier Booster) Type: Buffered
  • Buffered: -7.50%.
  • Bonus Return: 37.50%.
  • Participation Factor: 100.00%. 
  • Buffer: 7.50%
  • Currency: American dollars
  • If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to US$100 x [1 + Bonus Return + Variable Return]; or
  • If the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to US$100; or
  • If the Reference Portfolio Return is negative and lower than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to US$100 x [1 + Reference Portfolio Return + Buffer].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions

Dates

Issue Date:
21-Dec-2016
Maturity date:
21-Dec-2022
Note term:
6.0 years
Valuation Date:
16-Dec-2022

Price and Historical Values

Last Updated Date:
21-Dec-2022
Current Price:
US$188.91
Current ETC:
US$0.00
Price Net of ETC:
US$188.91

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

Ingersoll-Rand plc announced the completion of transactions, including the spin-off of its industrial section, triggering a Potential Adjustment Event as per the terms of the Note Securities. As such, the Initial Value of the common shares of Ingersoll-Rand Inc. (NYSE: IR) was adjusted on February 28, 2020.

Legal Notice

Portfolio

CompanyInitial PriceFinal PriceReturn
Amgen Inc146.17267.4182.94%
Caterpillar93.82232.72148.05%
Costco158.88461.45190.44%
General Electric247.0877.65-68.57%
Home Depot Inc/The136.83323.34136.31%
Ingersoll-Rand PLC19.5051.80165.67%
3M Company178.43121.69-31.80%
Microsoft63.54244.69285.10%
US Bancorp/MN52.1742.15-19.21%
DowDuPont Inc84.0667.91-19.21%
Dow Inc.58.0849.80-14.26%
Corteva Inc35.1059.7870.32%
Reference Portfolio Return88.91%
Bonus Range0.00% to 37.50%