NBC Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the American market, Class F, due on July 2, 2027
7155
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC22969
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ISM Code:
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V454X6
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Ticker Symbol:
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XSP
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Index Page:
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Link
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Highlights
- 6-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: $3.70 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.
Dates
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Issue Date:
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02-Jul-2021
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Maturity date:
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02-Jul-2027
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Note term:
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6.0 years
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Valuation Date:
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23-Jun-2027
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Price and Historical Values
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Last Updated Date:
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17-Apr-2024
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Current Price:
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$91.55
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Currency:
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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
| Company | Initial Price | Current Price | Return | Weighting |
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| iShares Core S&P 500 Index ETF CAD-Hedged | 46.75 | 52.68 | 12.68% | 100% |
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| | Reference Portfolio Return | 12.68% | |
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| | Indicative Variable Interest | 0.00% | |
| | Barrier | 28.05 | |
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