NBC Marathon™ (Accelerator) Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, due on March 8, 2028

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC25239
ISM Code:
V452R0
Ticker Symbol:
XIU

Dates

Issue Date:
08-Mar-2021
Maturity date:
08-Mar-2028
Note term:
7.0 years
Valuation Date:
01-Mar-2028

Highlights

  • 7-year term.
  • Linked to the iShares® S&P/TSX 60® ETF.
  • Participation Factor: 155%
  • Maturity Barrier: -30%.
  • 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
iShares® S&P/TSX 60 Index ETF0.0027.62
Reference Portfolio Return0.00%
Barrier0