NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, due on February 12, 2024

Current price: $100.37
As of 11-Aug-2021

General Information

Issuer:
NBC
FundSERV Code:
NBC21636
ISM Code:
V451U9
Ticker Symbol:
XIU
Index Page:
Link
Educational Summary:
Link

Highlights

  • 3-year term.
  • Linked to the iShares® S&P/TSX 60® ETF.
  • 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: -40%
  • Call Threshold: 5% (starting after 6 months).
  • Potential Coupon Payment: $4.38 p.a. paid monthly.
  • Maturity Barrier: -40%.
  • 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 $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 $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 $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 $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:
28-Jan-2021
Maturity date:
12-Feb-2024
Note term:
3.1 years
Call Val. Date 1:
04-Aug-2021
Call Val. Date 2:
03-Sep-2021
Call Val. Date 3:
04-Oct-2021
Call Val. Date 4:
04-Nov-2021
Call Val. Date 5:
06-Dec-2021
Call Val. Date 6:
04-Jan-2022
Call Val. Date 7:
04-Feb-2022
Call Val. Date 8:
04-Mar-2022
Call Val. Date 9:
04-Apr-2022
Call Val. Date 10:
04-May-2022
Call Val. Date 11:
06-Jun-2022
Call Val. Date 12:
04-Jul-2022
Call Val. Date 13:
04-Aug-2022
Call Val. Date 14:
02-Sep-2022
Call Val. Date 15:
03-Oct-2022
Call Val. Date 16:
04-Nov-2022
Call Val. Date 17:
05-Dec-2022
Call Val. Date 18:
04-Jan-2023
Call Val. Date 19:
06-Feb-2023
Call Val. Date 20:
06-Mar-2023
Call Val. Date 21:
03-Apr-2023
Call Val. Date 22:
04-May-2023
Call Val. Date 23:
05-Jun-2023
Call Val. Date 24:
04-Jul-2023
Call Val. Date 25:
03-Aug-2023
Call Val. Date 26:
01-Sep-2023
Call Val. Date 27:
03-Oct-2023
Call Val. Date 28:
06-Nov-2023
Call Val. Date 29:
04-Dec-2023
Call Val. Date 30:
04-Jan-2024
Final Valuation Date:
05-Feb-2024

Price and Historical Values

Last Updated Date:
11-Aug-2021
Current Price:
$100.37
Current ETC:
$0.00
Price Net of ETC:
$100.37
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 PriceFinal PriceReturnWeighting
iShares® S&P/TSX 60 Index ETF26.5030.8916.57%100%
Reference Portfolio Return16.57%
Barrier15.897
Call Threshold5.00%
Called on Aug 11, 2021Call Threshold Value27.81975