NBC Marathon™ (Accelerator) Note Securities (Buffered) linked to a portfolio of Canadian banks, due on October 15, 2025

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC25232
ISM Code:
V46602
Ticker Symbol:
BMO, BNS, CM, RY, TD

Dates

Issue Date:
15-Oct-2020
Sales Period:
24-Sep-2020 - 08-Oct-2020
Maturity date:
15-Oct-2025
Note term:
5.0 years
Valuation Date:
09-Oct-2025

Highlights

  • 5-year term.
  • Linked to Canadian banks.
  • Participation Factor: 125%
  • Buffered: -40%.
  • If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + (Acceleration Factor x Reference Portfolio Return)]; or
  • If the Reference Portfolio Return is nil or negative but
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.
Legal Notice

Portfolio

CompanyInitial PriceCurrent PriceReturn
Bank of Montreal0.0079.59
Bank of Nova Scotia0.0055.97
Canadian Imperial Bank of Commerce0.00101.20
Royal Bank of Canada0.0095.56
Toronto-Dominion Bank0.0062.37
Reference Portfolio Return0.00%