Fixed ROC Deposit Notes Deposit Notes, Series 3

Current price: $72.25
As of 23-Sep-2022

General Information

Issuer:
NBC
FundSERV Code:
NBC26592
ISM Code:
V86577
Ticker Symbol:
BMO, BNS, CM, RY, TD

Product Description

The NBC Fixed ROC Deposit Notes linked to a portfolio of Canadian banks, are issued by National Bank of Canada. The Principal Amount of your Deposit is fully guaranteed by the Bank, provided the Deposits are held to maturity. The Deposits aim to provide you with predetermined periodic return of capital payments (partial repayments of principal) over the term of the Deposits, and an additional return at maturity linked to the performance of an equally weighted portfolio of the common shares of 5 Canadian Banks.

Highlights

  • 5-year term.
  • Linked to Canadian banks.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Guaranteed ROC Payment: $10.00 p.a. paid annually.
  • Participation Factor: 87.50%
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is maintained subject to availability and to early trading charges. A holder who sells deposits prior to maturity may receive less than the principal amount per deposit.
  • $1,000 minimum subscription (10 deposits).

Dates

Issue Date:
06-Jul-2018
Maturity date:
06-Jul-2023
Note term:
5.0 years
Valuation Date:
30-Jun-2023

Price and Historical Values

Last Updated Date:
23-Sep-2022
Current Price:
$72.25
Current ETC:
$0.00
Price Net of ETC:
$72.25
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
Bank of Montreal102.18121.49018.90%
Bank of Nova Scotia75.1069.230-7.82%
Canadian Imperial Bank of Commerce57.6360.8705.62%
Royal Bank of Canada100.20123.40023.15%
Toronto-Dominion Bank75.9884.37011.04%
Reference Portfolio Return10.18%
Basket Level1 101.800