NBC Relay Auto Callable Contingent ROC Note Securities (Maturity-Monitored Barrier) linked to a portfolio of American banks, due on January 28, 2026

Current price: $105.49
As of 10-Jul-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC21043
ISM Code:
V45939
Ticker Symbol:
BAC, C, JPM, WFC

Highlights

  • 6-year term.
  • Linked to American banks.
  • Potential ROC Payment: $9.25 p.a. paid semi-annually.
  • Participation Factor: 5%
  • Maturity Barrier: -40%.
  • If the Lowest Reference Asset Return is equal to or higher than the Call Threshold on a Call Valuation Date, the Notes 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 Notes are not automatically called and the Lowest Reference Asset Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
  • If the Notes are not automatically called and the Lowest Reference Asset 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 Notes are not automatically called and the Lowest Reference Asset Return is negative and lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Lowest Reference Asset Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
28-Jan-2020
Maturity date:
28-Jan-2026
Note term:
6.0 years
Call Val. Date 1:
21-Jan-2021
Call Val. Date 2:
21-Jul-2021
Call Val. Date 3:
21-Jan-2022
Call Val. Date 4:
21-Jul-2022
Call Val. Date 5:
23-Jan-2023
Call Val. Date 6:
21-Jul-2023
Call Val. Date 7:
22-Jan-2024
Call Val. Date 8:
22-Jul-2024
Call Val. Date 9:
21-Jan-2025
Call Val. Date 10:
21-Jul-2025
Final Valuation Date:
21-Jan-2026

Price and Historical Values

Last Updated Date:
10-Jul-2025
Current Price:
$105.49
Current ETC:
$0.00
Price Net of ETC:
$105.49
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

CompanyInitial PriceCurrent PriceReturnWeighting
Bank of America Corp34.2646.9737.10%100%
Citigroup Inc79.9087.088.99%100%
JPMorgan Chase & Co136.84288.19110.60%100%
Wells Fargo & Co48.9482.3668.29%
Lowest Reference Asset Return8.99%
Indicative Variable Interest0.45%
Call Threshold5.00%