NBC Barrier Booster Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, due on April 1, 2025

Current price: $91.10
As of 13-Nov-2018

General Information

Issuer:
NBC
FundSERV Code:
NBC25006
ISM Code:
V86832
Ticker Symbol:
BMO, BNS, CIBC, RY, TD

Dates

Issue Date:
01-Oct-2018
Maturity date:
01-Apr-2025
Note term:
6.5 years
Valuation Date:
27-Mar-2025

Highlights

  • 6.5-year term.
  • Linked to a portfolio of Canadian banks.
  • Booster Return: 50.00%
  • 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.

Price and Historical Values

Last Updated Date:
13-Nov-2018
Current Price:
$91.10
Current ETC:
$4.40
Price Net of ETC:
$86.70

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 PriceCurrent PriceReturnWeighting
Bank of Montreal106.8598.97-7.37%20%
Bank of Nova Scotia76.1970.92-6.92%20%
Canadian Imperial Bank of Commerce121.51114.48-5.79%20%
Royal Bank of Canada103.6095.75-7.58%20%
Toronto-Dominion Bank78.3273.07-6.70%20%
Reference Portfolio Return-6.87%
Indicative Variable Interest0.00%
Booster Range0.00% to 50.00%