Canadian Banks GIC, Series 38

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC11621
ISM Code:
N49966
Ticker Symbol:
BMO CT Equity, BNS CT Equity, CM CT Equity, NA CT Equity, RY CT Equity, TD CT Equity

Dates

Issue Date:
12-Jun-2019
Sales Period:
18-Apr-2019 - 05-Jun-2019
Maturity date:
11-Jun-2024
Note term:
5.0 years
Valuation Date:
04-Jun-2024

Highlights

  • 5-year term.
  • Linked to Canadian Banks.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 100.00%.
  • Maximum: 40.00%.
  • The Variable Interest is based on the price performance of the Reference Portfolio over the term of the Canadian Banks GIC and is calculated as follows: Variable Interest = Principal invested on the Issue Date x Reference Portfolio Return.
  • The Reference Portfolio Return is the arithmetic average of the Reference Share Return of each of the Reference Shares comprising the Reference Portfolio subject to the Maximum Interest.
  • If the Reference Portfolio does not generate a positive price return over the term of the Canadian Banks GIC, the Canadian Banks GIC will not generate any Variable Interest and, in this case, no return will be paid.
  • Eligible for the CDIC deposit insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.
Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
Bank of Montreal00.00
Bank of Nova Scotia00.00
Canadian Imperial Bank of Commerce00.00
National Bank of Canada00.00
Royal Bank of Canada00.00
Toronto-Dominion Bank00.00
Reference Portfolio Return0.00%
Basket Level
Monthly Fixing TableIndex Level
02-Apr-24
01-May-24
04-Jun-24
Average Fixing Level