NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to common shares of Apple Inc. (USD), due on December 14, 2023

Current price: US$100.73
As of 14-Jun-2021

General Information

Issuer:
NBC
FundSERV Code:
NBC21536
ISM Code:
V451E0
Ticker Symbol:
AAPL
Educational Summary:
Link

Highlights

  • 3-year term.
  • Linked to the Apple.
  • Potential coupon payments: provided that the Reference Portfolio Return is equal to or higher than the Coupon Payment Threshold on the applicable Coupon Payment Valuation Date, Holders will be entitled to receive a coupon payment on each Coupon Payment Date.
  • Coupon Payment Threshold: -25%
  • Call Threshold: 0% (starting after 6 months).
  • Potential Coupon Payment: US$8.76 p.a. paid monthly.
  • Maturity Barrier: -25%.
  • 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:
11-Dec-2020
Maturity date:
14-Dec-2023
Note term:
3.0 years
Call Val. Date 1:
07-Jun-2021
Call Val. Date 2:
07-Jul-2021
Call Val. Date 3:
09-Aug-2021
Call Val. Date 4:
07-Sep-2021
Call Val. Date 5:
06-Oct-2021
Call Val. Date 6:
05-Nov-2021
Call Val. Date 7:
07-Dec-2021
Call Val. Date 8:
07-Jan-2022
Call Val. Date 9:
07-Feb-2022
Call Val. Date 10:
07-Mar-2022
Call Val. Date 11:
07-Apr-2022
Call Val. Date 12:
09-May-2022
Call Val. Date 13:
07-Jun-2022
Call Val. Date 14:
07-Jul-2022
Call Val. Date 15:
08-Aug-2022
Call Val. Date 16:
07-Sep-2022
Call Val. Date 17:
06-Oct-2022
Call Val. Date 18:
04-Nov-2022
Call Val. Date 19:
07-Dec-2022
Call Val. Date 20:
09-Jan-2023
Call Val. Date 21:
07-Feb-2023
Call Val. Date 22:
07-Mar-2023
Call Val. Date 23:
06-Apr-2023
Call Val. Date 24:
08-May-2023
Call Val. Date 25:
07-Jun-2023
Call Val. Date 26:
07-Jul-2023
Call Val. Date 27:
04-Aug-2023
Call Val. Date 28:
07-Sep-2023
Call Val. Date 29:
06-Oct-2023
Call Val. Date 30:
03-Nov-2023
Final Valuation Date:
07-Dec-2023

Price and Historical Values

Last Updated Date:
14-Jun-2021
Current Price:
US$100.73
Current ETC:
US$0.00
Price Net of ETC:
US$100.73
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

CompanyInitial PriceFinal PriceReturnWeighting
Apple Inc.122.41125.902.85%100%
Reference Portfolio Return2.85%
Barrier91.8075
Call Threshold0.00%
Called on Jun 14, 2021Call Threshold Value122.41