NBC Fixed Coupon Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, Class F, due on September 11, 2025

Current price: $98.29
As of 08-May-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC21327
ISM Code:
V46503
Ticker Symbol:
BMO, BNS, CM, RY, TD

Highlights

  • 5-year term.
  • Linked to Canadian banks.
  • Guaranteed Coupon Payment: $5.22 p.a. paid monthly.
  • Participation Factor: 0%
  • Maturity Barrier: -40%.
  • If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1+ Variable Return]; or
  • If the Reference Portfolio Return is nil or negative 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 negative and lower than 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:
03-Sep-2020
Maturity date:
11-Sep-2025
Note term:
5.0 years
Valuation Date:
04-Sep-2025

Price and Historical Values

Last Updated Date:
08-May-2025
Current Price:
$98.29
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 Montreal81.42138.0069.49%20%
Bank of Nova Scotia55.2969.7426.13%20%
Canadian Imperial Bank of Commerce52.1488.7970.29%20%
Royal Bank of Canada97.84166.8470.52%20%
Toronto-Dominion Bank64.1787.7636.76%20%
Reference Portfolio Return54.64%
Indicative Variable Interest0.00%