NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on August 27, 2026
4762
General Information
-
-
-
Issuer:
-
NBC
-
FundSERV Code:
-
NBC20842
-
ISM Code:
-
V45509
-
Ticker Symbol:
-
XIU
-
Index Page:
-
Link
-
-
-
-
-
Educational Summary:
-
Link
Dates
-
Issue Date:
-
27-Aug-2019
-
Maturity date:
-
27-Aug-2026
-
Note term:
-
7.0 years
-
Call Date 1:
-
27-Feb-2020
-
Call Date 2:
-
27-Aug-2020
-
Call Date 3:
-
01-Mar-2021
-
Call Date 4:
-
27-Aug-2021
-
Call Date 5:
-
28-Feb-2022
-
Call Date 6:
-
29-Aug-2022
-
Call Date 7:
-
27-Feb-2023
-
Call Date 8:
-
28-Aug-2023
-
Call Date 9:
-
27-Feb-2024
-
Call Date 10:
-
27-Aug-2024
-
Call Date 11:
-
27-Feb-2025
-
Call Date 12:
-
27-Aug-2025
-
Call Date 13:
-
27-Feb-2026
-
-
-
Call Valuation Date 1:
-
20-Feb-2020
-
Call Valuation Date 2:
-
20-Aug-2020
-
Call Valuation Date 3:
-
22-Feb-2021
-
Call Valuation Date 4:
-
20-Aug-2021
-
Call Valuation Date 5:
-
18-Feb-2022
-
Call Valuation Date 6:
-
22-Aug-2022
-
Call Valuation Date 7:
-
17-Feb-2023
-
Call Valuation Date 8:
-
21-Aug-2023
-
Call Valuation Date 9:
-
20-Feb-2024
-
Call Valuation Date 10:
-
20-Aug-2024
-
Call Valuation Date 11:
-
20-Feb-2025
-
Call Valuation Date 12:
-
20-Aug-2025
-
Call Valuation Date 13:
-
20-Feb-2026
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Final Valuation Date:
-
20-Aug-2026
-
-
Highlights
- 7-year term.
- Linked to the iShares® S&P/TSX 60® ETF.
- Potential coupon payments: provided that the Reference Portfolio Return is equal to or higher than the Coupon Payment Threshold on the applicable Coupon Payment Valuation Date, Holders will be entitled to receive a coupon payment on each Coupon Payment Date.
- Coupon Payment Threshold: -30%
- Call Threshold: 5%.
- Potential Coupon Payment: $6.35 p.a. paid semi-annually.
- Participation Factor: 0%
- Maturity Barrier: -30%.
- 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.
Price and Historical Values
-
Last Updated Date:
-
27-Feb-2020
-
Current Price:
-
$103.18
-
Currency:
-
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 | Final Price | Return | Weighting |
|---|
| iShares® S&P/TSX 60 Index ETF | 24.24 | 27.00 | 11.39% | 100% |
| | | | |
| | Reference Portfolio Return | 11.39% | |
|---|
| | | | |
| | Barrier | 16.968 | |
|---|
| | Call Threshold | 5.00% | |
| Called on February 27, 2020 | | Call Threshold Value | 25.452 | |
|