NBC Marathon™ (Accelerator) Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, due on February 4, 2026
6398
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC25238
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ISM Code:
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V451U7
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Ticker Symbol:
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BMO, BNS, CM, RY, TD
Dates
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Issue Date:
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04-Feb-2021
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Sales Period:
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11-Jan-2021 - 29-Jan-2021
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Maturity date:
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04-Feb-2026
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Note term:
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5.0 years
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Valuation Date:
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28-Jan-2026
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Highlights
- 5-year term.
- Linked to Canadian banks.
- Participation Factor: 190%
- 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 + (Acceleration Factor x Reference Portfolio Return)]; or
- (ii) 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;
- (iii) 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.
Legal Notice
Portfolio
| Company | Initial Price | Current Price | Return |
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| Bank of Montreal | 0.00 | 97.60 | |
| Bank of Nova Scotia | 0.00 | 69.40 | |
| Canadian Imperial Bank of Commerce | 0.00 | 111.06 | |
| Royal Bank of Canada | 0.00 | 107.36 | |
| Toronto-Dominion Bank | 0.00 | 73.58 | |
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| | Reference Portfolio Return | 0.00% |
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