NBC Fixed Coupon Note Securities (Maturity-Monitored Barrier) linked to the Solactive Canada Bank 30 AR Index, Class F, due on April 14, 2026

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC25537
ISM Code:
V453G1
Ticker Symbol:
SOLCABAR
Index Page:
Link
Index Guideline:
Link
Index Fact Sheet:
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 Solactive Canada Bank 30 AR Index.
  • Guaranteed Coupon Payment: $4.25 p.a. paid semi-annually.
  • 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+ Variable Return]; or
  • 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
  • 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 PriceReturnWeighting
Solactive Canada Bank 30 AR Index0.00758.94100%
Reference Portfolio Return0.00%
Barrier0