NBC Marathon™ (Accelerator) with Lookback Bonus Note Securities linked to the S&P/TSX Composite Low Volatility Index, due on December 23, 2024

Current price: $112.92
As of 02-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC25305
ISM Code:
V76002
Ticker Symbol:
SPTXLVPR

Highlights

  • 7-year term.
  • Linked to the units of S&P/TSX Composite Low Volatility Index.
  • Acceleration Factor: 2.05.
  • Lookback Factor: 2.05.
  • Barrier: -30.00%, measured from the initial level.
  • 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:
22-Dec-2017
Maturity date:
23-Dec-2024
Note term:
7.0 years
Valuation Date:
18-Dec-2024

Price and Historical Values

Last Updated Date:
02-Jul-2024
Current Price:
$112.92
Current ETC:
$0.00
Price Net of ETC:
$112.92
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 ValueCurrent PriceReturn
S&P/TSX Composite Low Volatility Index430.65445.023.34%
Reference Portfolio Return3.34%
Basket Level445.020
Indicative Variable Interest15.68%
Monthly Fixing Table
22-Dec-17430.6500
22-Jan-18429.7400
22-Feb-18413.8600
22-Mar-18412.4400
23-Apr-18412.0800
22-May-18416.5300
22-Jun-18423.4900
23-Jul-18422.2900
22-Aug-18425.3300
24-Sep-18419.1600
Minimum Fixing Level412.08