NBC Auto Callable Contingent ROC Note Securities (Maturity-Monitored Barrier) linked to common shares of Enbridge Inc. (USD), Class F, due on February 8, 2027
5273
General Information
-
-
-
Issuer:
-
NBC
-
FundSERV Code:
-
NBC21061
-
ISM Code:
-
V45980
-
Ticker Symbol:
-
ENB
-
-
-
-
-
-
Highlights
- 7-year term.
- Linked to the Enbridge Inc..
- Potential ROC Payments: provided that the Reference Portfolio Return is equal to or higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive a ROC Payment on each ROC Payment date.
- ROC Payment Threshold: -30%
- Call Threshold: 5% (starting after 6 months).
- Potential ROC Payment: US$9.50 p.a. paid quarterly.
- Participation Factor: 5%
- 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 US$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 US$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 US$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 US$100 x [1 + Reference Portfolio Return].
- Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
- Daily secondary market available under normal market conditions.
Dates
-
Issue Date:
-
06-Feb-2020
-
Maturity date:
-
08-Feb-2027
-
Note term:
-
7.0 years
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Call Val. Date 1:
-
31-Jul-2020
-
Call Val. Date 2:
-
02-Nov-2020
-
Call Val. Date 3:
-
01-Feb-2021
-
Call Val. Date 4:
-
03-May-2021
-
Call Val. Date 5:
-
30-Jul-2021
-
Call Val. Date 6:
-
01-Nov-2021
-
Call Val. Date 7:
-
01-Feb-2022
-
Call Val. Date 8:
-
02-May-2022
-
Call Val. Date 9:
-
29-Jul-2022
-
Call Val. Date 10:
-
01-Nov-2022
-
Call Val. Date 11:
-
01-Feb-2023
-
Call Val. Date 12:
-
01-May-2023
-
Call Val. Date 13:
-
31-Jul-2023
-
Call Val. Date 14:
-
01-Nov-2023
-
Call Val. Date 15:
-
01-Feb-2024
-
Call Val. Date 16:
-
01-May-2024
-
Call Val. Date 17:
-
31-Jul-2024
-
Call Val. Date 18:
-
01-Nov-2024
-
Call Val. Date 19:
-
03-Feb-2025
-
Call Val. Date 20:
-
01-May-2025
-
Call Val. Date 21:
-
31-Jul-2025
-
Call Val. Date 22:
-
03-Nov-2025
-
Call Val. Date 23:
-
02-Feb-2026
-
Call Val. Date 24:
-
01-May-2026
-
Call Val. Date 25:
-
31-Jul-2026
-
Call Val. Date 26:
-
02-Nov-2026
-
-
-
-
-
Final Valuation Date:
-
01-Feb-2027
-
-
Price and Historical Values
-
Last Updated Date:
-
09-May-2022
-
Current Price:
-
US$102.66
-
Currency:
-
USD
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 |
|---|
| Enbridge Inc. | 41.09 | 43.43 | 5.69% | 100% |
| | | | |
| | Reference Portfolio Return | 5.69% | |
|---|
| | | | |
| | Barrier | 28.763 | |
|---|
| | Call Threshold | 5.00% | |
| Called on May 09, 2022 | | Call Threshold Value | 43.1445 | |
|