NBC Marathon™ (Accelerator) Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, due on February 4, 2026

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC25238
ISM Code:
V451U7
Ticker Symbol:
BMO, BNS, CM, RY, TD

Dates

Issue Date:
04-Feb-2021
Sales Period:
11-Jan-2021 - 29-Jan-2021
Maturity date:
04-Feb-2026
Note term:
5.0 years
Valuation Date:
28-Jan-2026

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

CompanyInitial PriceCurrent PriceReturn
Bank of Montreal0.0097.60
Bank of Nova Scotia0.0069.40
Canadian Imperial Bank of Commerce0.00111.06
Royal Bank of Canada0.00107.36
Toronto-Dominion Bank0.0073.58
Reference Portfolio Return0.00%