NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the EURO STOXX 50® Index, Class F, due on March 1, 2022
2640
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC2581
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ISM Code:
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V73970
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Ticker Symbol:
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SX5E
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Educational Summary:
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Link
Highlights
- Approximatively 5-year term.
- Linked to the EURO STOXX 50® Index.
- Provided that the Reference Portfolio Return is higher than the Coupon Payment Threshold on the applicable Coupon Payment Valuation Date, Holders will be entitled to receive Coupon Payments set forth under the column entitled “Coupon Payments” in the table below on each Coupon Payment Date.
- Coupon Payment Threshold: -10% for first $4.50 Coupon Payment and 0.00% for the other Coupon Payments.
- Call Threshold: 0.00%.
- Potential Coupon Payments : Year 1: $4.50 if greater than Coupon Payment Threshold of -10.00%; additional $4.50 if greater than Coupon Payment Threshold of 0.00%; Year 2: $18.00; Year 3: $27.00; Year 4: $36.00; Year 5: $45.00.
- Call Frequency: 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
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Issue Date:
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01-Mar-2017
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Maturity date:
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01-Mar-2022
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Note term:
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5.0 years
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Call Val. Date 1:
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22-Feb-2018
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Call Val. Date 2:
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22-Feb-2019
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Call Val. Date 3:
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24-Feb-2020
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Call Val. Date 4:
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22-Feb-2021
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Final Valuation Date:
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22-Feb-2022
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Price and Historical Values
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Last Updated Date:
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01-Mar-2018
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Current Price:
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$109.00
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Currency:
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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
Company | Initial Price | Final Price | Return | Weighting |
EURO STOXX 50 Price EUR | 3390.20 | 3431.99 | 1.23% | 100% |
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| | Reference Portfolio Return | 1.23% | |
| | Indicative Variable Interest | 0.00% | |
| | Barrier | 2373.14 | |
| | Call Threshold | 0.00% | |
Called on March 01, 2018 | | Call Threshold Value | 3390.2 | |
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