NBC Marathon™ (Accelerator) with Lookback Bonus Note Securities (No Barrier) linked to a portfolio of Canadian banks, due on July 4, 2023

Current price: $131.75
As of 04-Jul-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC2777
ISM Code:
V74042
Ticker Symbol:
BMO, BNS, CM, RY, TD

Highlights

  • 6-year term.
  • Linked to the common shares of Canadian banks.
  • Acceleration Factor: 2.00.
  • Lookback Factor: 2.00.
  • No barrier.
  • Maturity Redemption Payment : If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + (Acceleration Factor x Reference Portfolio Return) + (Lookback Factor x Lookback Bonus)]; 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 $100 x [1+ (Lookback Factor x Lookback Bonus)]; 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 $100 x [1 + Reference Portfolio Return + (Lookback Factor x Lookback Bonus)].
  • Lookback Bonus : If the Reference Portfolio Return is positive on the Valuation Date, the Lookback Bonus will be equal to the absolute value of the Lookback Return; or
  • If the Reference Portfolio Return is nil or negative on the Valuation Date but greater than the Lookback Return, the Lookback Bonus will be equal to the Reference Portfolio Return minus the Lookback Return; or
  • If the Reference Portfolio Return is nil or negative on the Valuation Date and less than or equal to the Lookback Return, the Lookback Bonus will be equal to zero.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is available under normal market condition.

Dates

Issue Date:
04-Jul-2017
Maturity date:
04-Jul-2023
Note term:
6.0 years
Valuation Date:
28-Jun-2023

Price and Historical Values

Last Updated Date:
04-Jul-2023
Current Price:
$131.75
Current ETC:
$0.00
Price Net of ETC:
$131.75
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 ValueFinal PriceReturn
Bank of Montreal95.8118.1323.31%
Bank of Nova Scotia77.8164.65-16.91%
Canadian Imperial Bank of Commerce53.07556.015.53%
Royal Bank of Canada94.18124.9232.64%
Toronto-Dominion Bank65.4780.5022.96%
Reference Portfolio Return13.50%
Basket Level1 135.045
Monthly Fixing Table
04-Jul-171000.0000
04-Aug-17999.7782
05-Sep-17976.2715
04-Oct-171043.0506
06-Nov-171077.0659
04-Dec-171083.8072
04-Jan-181107.0721
05-Feb-181055.9648
05-Mar-181068.4098
04-Apr-181034.6200
Minimum Fixing Level976.27