NBC Barrier Booster Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, Class F, due on April 2, 2025

Current price: $179.96
As of 20-Dec-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC25029
ISM Code:
V46136
Ticker Symbol:
BMO, BNS, CM, RY, TD

Highlights

  • 5-year term.
  • Linked to Canadian banks.
  • Booster Return: 70%
  • Participation Factor: 100%
  • Maturity Barrier: -30%.
  • If the Reference Portfolio Return is equal to or higher than the Booster Threshold on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Booster Return + Variable Return]; or
  • If the Reference Portfolio Return is lower than the Booster Threshold but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If the Reference Portfolio Return is lower than the Booster Threshold and the Barrier on the 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.

Dates

Issue Date:
02-Apr-2020
Maturity date:
02-Apr-2025
Note term:
5.0 years
Valuation Date:
28-Mar-2025

Price and Historical Values

Last Updated Date:
20-Dec-2024
Current Price:
$179.96
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 Montreal67.96138.84104.30%20%
Bank of Nova Scotia55.1377.0939.83%20%
Canadian Imperial Bank of Commerce39.5192.50134.15%20%
Royal Bank of Canada83.66173.40107.27%20%
Toronto-Dominion Bank57.0175.0331.61%20%
Reference Portfolio Return83.43%
Indicative Variable Interest83.43%
Booster Range0.00% to 70.00%