NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Solactive United States Big Banks AR Index, due on June 3, 2025

Current price: $100.52
As of 03-May-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC22049
ISM Code:
V454L2
Ticker Symbol:
SOUSBBAR
Index Page:
Link
Index Guideline:
Link
Index Fact Sheet:
Link
Educational Summary:
Link

Highlights

  • 4-year term.
  • Linked to the Solactive United States Big Banks 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: -40%
  • Call Threshold: 5% (starting after 6 months).
  • Potential Coupon Payment: $6.24 p.a. paid monthly.
  • Maturity Barrier: -40%.
  • If the Reference Portfolio Return is equal to or higher than the Call Threshold on a Call Valuation Date, the Note Securities will be automatically called on the applicable Call Date and the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
  • If the Note Securities are not automatically called and 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 Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is negative and lower than the Barrier on the Final 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.

Dates

Issue Date:
03-Jun-2021
Maturity date:
03-Jun-2025
Note term:
4.0 years
Call Val. Date 1:
26-Nov-2021
Call Val. Date 2:
21-Dec-2021
Call Val. Date 3:
27-Jan-2022
Call Val. Date 4:
24-Feb-2022
Call Val. Date 5:
28-Mar-2022
Call Val. Date 6:
26-Apr-2022
Call Val. Date 7:
26-May-2022
Call Val. Date 8:
23-Jun-2022
Call Val. Date 9:
26-Jul-2022
Call Val. Date 10:
29-Aug-2022
Call Val. Date 11:
26-Sep-2022
Call Val. Date 12:
27-Oct-2022
Call Val. Date 13:
28-Nov-2022
Call Val. Date 14:
21-Dec-2022
Call Val. Date 15:
27-Jan-2023
Call Val. Date 16:
24-Feb-2023
Call Val. Date 17:
27-Mar-2023
Call Val. Date 18:
26-Apr-2023
Call Val. Date 19:
26-May-2023
Call Val. Date 20:
23-Jun-2023
Call Val. Date 21:
27-Jul-2023
Call Val. Date 22:
28-Aug-2023
Call Val. Date 23:
26-Sep-2023
Call Val. Date 24:
27-Oct-2023
Call Val. Date 25:
27-Nov-2023
Call Val. Date 26:
20-Dec-2023
Call Val. Date 27:
29-Jan-2024
Call Val. Date 28:
26-Feb-2024
Call Val. Date 29:
26-Mar-2024
Call Val. Date 30:
26-Apr-2024
Call Val. Date 31:
24-May-2024
Call Val. Date 32:
25-Jun-2024
Call Val. Date 33:
29-Jul-2024
Call Val. Date 34:
26-Aug-2024
Call Val. Date 35:
26-Sep-2024
Call Val. Date 36:
28-Oct-2024
Call Val. Date 37:
25-Nov-2024
Call Val. Date 38:
20-Dec-2024
Call Val. Date 39:
27-Jan-2025
Call Val. Date 40:
24-Feb-2025
Call Val. Date 41:
27-Mar-2025
Call Val. Date 42:
28-Apr-2025
Final Valuation Date:
27-May-2025

Price and Historical Values

Last Updated Date:
03-May-2024
Current Price:
$100.52
Current ETC:
$0.00
Price Net of ETC:
$100.52
Currency:
CAN

The bid price and any related information on the date of sale may differ from the current price and information posted above. Please refer to the offering document or your investment advisor.

Legal Notice

Portfolio

CompanyInitial PriceFinal PriceReturnWeighting
Solactive United States Big Banks AR Index1599.361708.826.84%100%
Reference Portfolio Return6.84%
Barrier959.616
Call Threshold5.00%
Called on May 03, 2024Call Threshold Value1679.328