NBC Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Solactive Canada Pipelines AR Index, Class F, due on April 18, 2028

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC22962
ISM Code:
V453H5
Ticker Symbol:
SOLCPLAR
Index Page:
Link
Index Guideline:
Link
Index Fact Sheet:
Link

Dates

Issue Date:
15-Apr-2021
Maturity date:
18-Apr-2028
Note term:
7.0 years
Valuation Date:
10-Apr-2028

Highlights

  • 7.01-year term.
  • Linked to the Solactive Canada Pipelines AR Index.
  • 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: -30%
  • Potential Coupon Payment: $9.85 p.a. paid semi-annually.
  • Maturity Barrier: -30%.
  • 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.
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Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
Solactive Canada Pipelines AR Index0.001537.71100%
Reference Portfolio Return0.00%
Barrier0