NBC Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the American market, Class F, due on April 14, 2026

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC22961
ISM Code:
V453F9
Ticker Symbol:
XSP
Index Page:
Link

Dates

Issue Date:
14-Apr-2021
Maturity date:
14-Apr-2026
Note term:
5.0 years
Valuation Date:
07-Apr-2026

Highlights

  • 5-year term.
  • Linked to the iShares® S&P 500 Index ETF CAD Hedged.
  • 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%
  • Potential Coupon Payment: $4.00 p.a. paid semi-annually.
  • Maturity Barrier: -40%.
  • If 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 Reference Portfolio Return is nil or negative but equal to or higher than the
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.
Legal Notice

Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
iShares Core S&P 500 Index ETF CAD-Hedged0.0044.15100%
Reference Portfolio Return0.00%
Barrier0