NBC Relay Auto Callable Contingent ROC Note Securities (Maturity-Monitored Barrier) linked to a portfolio of American banks, due on January 28, 2026
5260
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
| Company | Initial Price | Current Price | Return | Weighting |
|---|
| Bank of America Corp | 34.26 | 46.97 | 37.10% | 100% |
| Citigroup Inc | 79.90 | 87.08 | 8.99% | 100% |
| JPMorgan Chase & Co | 136.84 | 288.19 | 110.60% | 100% |
| Wells Fargo & Co | 48.94 | 82.36 | 68.29% | |
| | | | |
| | Lowest Reference Asset Return | 8.99% | |
|---|
| | Indicative Variable Interest | 0.45% | |
| | | | |
| | Call Threshold | 5.00% | |
|---|
|