NBC Barrier Booster Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, due on April 1, 2025
4010
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC25006
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ISM Code:
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V86832
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Ticker Symbol:
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BMO, BNS, CIBC, RY, TD
Highlights
- 6.5-year term.
- Linked to a portfolio of Canadian banks.
- Booster Return: 50.00%
- Booster return threshold: -10.00%
- Participation factor: 100.00%.
- Maturity Barrier: -25.00%.
- If the Reference Portfolio Return is equal to or higher than the Booster Threshold on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Booster Return + Variable Return]; or
- If the Reference Portfolio Return is lower than the Booster Threshold but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100; or
- If the Reference Portfolio Return is lower than the Booster Threshold and the Barrier on the 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-Oct-2018
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Maturity date:
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01-Apr-2025
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Note term:
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6.5 years
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Valuation Date:
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27-Mar-2025
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Price and Historical Values
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Last Updated Date:
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02-Jul-2024
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Current Price:
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$135.86
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Current ETC:
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$0.00
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Price Net of ETC:
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$135.86
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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 | Weighting |
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| Bank of Montreal | 106.85 | 115.25 | 7.86% | 20% |
| Bank of Nova Scotia | 76.19 | 62.61 | -17.82% | 20% |
| Canadian Imperial Bank of Commerce | 60.76 | 65.70 | 8.14% | 20% |
| Royal Bank of Canada | 103.60 | 146.97 | 41.86% | 20% |
| Toronto-Dominion Bank | 78.32 | 75.58 | -3.50% | 20% |
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| | Reference Portfolio Return | 7.31% | |
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| | Indicative Variable Interest | 50.00% | |
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| | Booster Range | 0.00% to 50.00% | |
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