NBC Auto Callable Contingent Memory Income Note Securities (Maturity-Monitored Barrier) linked to the EURO STOXX 50® Index, Class F, due on November 17, 2025

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC20057
ISM Code:
V86974
Ticker Symbol:
SX5E Index

Dates

Issue Date:
16-Nov-2018
Maturity date:
17-Nov-2025
Note term:
7.0 years
Call Date 1:
16-May-2019
Call Date 2:
18-Nov-2019
Call Date 3:
19-May-2020
Call Date 4:
16-Nov-2020
Call Date 5:
17-May-2021
Call Date 6:
16-Nov-2021
Call Date 7:
16-May-2022
Call Date 8:
16-Nov-2022
Call Date 9:
16-May-2023
Call Date 10:
16-Nov-2023
Call Date 11:
16-May-2024
Call Date 12:
18-Nov-2024
Call Date 13:
16-May-2025
Call Valuation Date 1:
09-May-2019
Call Valuation Date 2:
08-Nov-2019
Call Valuation Date 3:
11-May-2020
Call Valuation Date 4:
06-Nov-2020
Call Valuation Date 5:
10-May-2021
Call Valuation Date 6:
08-Nov-2021
Call Valuation Date 7:
09-May-2022
Call Valuation Date 8:
08-Nov-2022
Call Valuation Date 9:
09-May-2023
Call Valuation Date 10:
08-Nov-2023
Call Valuation Date 11:
09-May-2024
Call Valuation Date 12:
08-Nov-2024
Call Valuation Date 13:
09-May-2025
Final Valuation Date:
07-Nov-2025

Highlights

  • 7-year term.
  • Linked to the EURO STOXX 50® Index.
  • Potential Coupon Payments: Provided that the Reference Asset Return is higher than the Coupon Payment Threshold on the applicable Coupon Payment Valuation Date, Holders will be entitled to receive, on the relevant Coupon Payment Date, the Coupon Payment which shall be computed by reference to both the Coupon of $2.800 (equivalent to 2.800% of the Principal Amount of each Note Security) and the Coupon Variable Return
  • Memory feature: Coupon Payments include any previously unpaid coupon payments.
  • Coupon Payment Threshold: -40.00%
  • Call Threshold: 10.00%.
  • Potential Coupon Payment: $5.60 p.a. paid semi-annually.
  • Maturity Barrier: -40.00%.
  • If the Reference Portfolio Return is equal to or higher than the Call Threshold 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 + Variable Return]; or
  • 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 + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is negative and 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.
  • Daily secondary market available under normal market conditions.
Legal Notice

Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
EURO STOXX 500.000.00100%
Reference Portfolio Return0.00%
Barrier0
Call Threshold10.00%
Call Threshold Value0