NBC Variable ROC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to the units of the iShares® S&P/TSX 60 Index Fund, due on November 7, 2019
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General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC1734
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ISM Code:
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V76904
Highlights
- 6-year term.
- Linked to the units of the iShares®S&P/TSX 60 Index Fund.
- Potential ROC Payments: Provided that the Lowest Reference Asset Return is higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive a ROC Payment on the applicable ROC Payment Date.
- ROC Payment Threshold: -99% (Years 1-2) and -25% (Years 3-6).
- Potential ROC Payments : $2.25 semi-annually (Years 1-2) and $3.00 semi-annually (Years 3-6).
- ROC Payment Frequency: Semi-annual.
- Participation Factor of 5%.
- Maturity-Monitored Barrier: -25%.
- If the Reference Portfolio Return is positive 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 + (Participation Factor x Reference Portfolio Return)].
- 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 + (Participation Factor x Reference Portfolio Return)].
- If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100.
- If the Note Securities are not automatically called and the Reference Portfolio Return is negative and equal to or 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.
- A daily secondary market is subject to availability and to early trading charges.
Dates
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Issue Date:
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07-Nov-2013
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Maturity date:
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07-Nov-2019
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Note term:
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6.0 years
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Call Val. Date 1:
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02-Nov-2015
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Final Valuation Date:
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31-Oct-2019
Price and Historical Values
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Last Updated Date:
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09-Nov-2015
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Current Price:
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$102.49
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Current ETC:
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$0.00
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Price Net of ETC:
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$102.49
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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 | Current Price | Return |
iShares S&P/TSX 60 Index ETF | 19.24 | 20.16 | 4.78% |
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| | Reference Portfolio Return | 4.78% |
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| | Barrier | 14.43 |
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Called on November 09, 2015 | | | |
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