NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the American market, Class F, due on January 13, 2020

Current price: $102.68
As of 15-Jan-2018

General Information

Issuer:
NBC
ISM Code:
V73953
Ticker Symbol:
XSP
Educational Summary:
Link

Highlights

  • Approximatively 3-year term.
  • Linked to the units of the iShares® Core S&P 500 Index ETF (CAD-Hedged)
  • 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.
  • ROC Payment Threshold: -30.00%.
  • Call Threshold: 10.00%.
  • Potential Coupon Payments : $2.675 semi-annually
  • Call Frequency: Semi-annually
  • Participation Factor: 0.00%.
  • 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 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 and 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-Jan-2017
Maturity date:
13-Jan-2020
Note term:
3.0 years
Call Val. Date 1:
06-Jul-2017
Call Val. Date 2:
08-Jan-2018
Call Val. Date 3:
06-Jul-2018
Call Val. Date 4:
07-Jan-2019
Call Val. Date 5:
08-Jul-2019
Final Valuation Date:
06-Jan-2020

Price and Historical Values

Last Updated Date:
15-Jan-2018
Current Price:
$102.68
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
iShares Core S&P 500 Index ETF CAD- Hedged25.9931.1819.97%100%
Reference Portfolio Return19.97%
Indicative Variable Interest0.00%
Barrier18.193
Call Threshold10.00%
Called on January 15, 2018Call Threshold Value28.589