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

Current price: N/A
As of

General Information

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

Dates

Issue Date:
01-Oct-2018
Sales Period:
11-Sep-2018 - 25-Sep-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.
Legal Notice

Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
Bank of Montreal0.000.0020%
Bank of Nova Scotia0.000.0020%
Canadian Imperial Bank of Commerce0.000.0020%
Royal Bank of Canada0.000.0020%
Toronto-Dominion Bank0.000.0020%
Reference Portfolio Return0.00%
Booster Range0.00% to 50.00%