NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Global Large-Cap Market, due on October 28, 2026

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC20906
ISM Code:
V45630
Ticker Symbol:
XQQ CT Equity

Dates

Issue Date:
28-Oct-2019
Maturity date:
28-Oct-2026
Note term:
7.0 years
Final Valuation Date:
21-Oct-2026

Highlights

  • 7-year term.
  • Linked to the iShares® NASDAQ 100 ETF CAD Hedged.
  • 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: 10%.
  • Potential Coupon Payment: $6.00 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

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.

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