NBC Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on July 28, 2027

Current price: $82.19
As of 22-Sep-2022

General Information

Issuer:
NBC
FundSERV Code:
NBC22971
ISM Code:
V455J5
Ticker Symbol:
XIU
Index Page:
Link

Dates

Issue Date:
28-Jul-2021
Maturity date:
28-Jul-2027
Note term:
6.0 years
Valuation Date:
21-Jul-2027

Highlights

  • 6-year term.
  • Linked to the iShares® S&P/TSX 60® ETF.
  • 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: $3.60 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.

Price and Historical Values

Last Updated Date:
22-Sep-2022
Current Price:
$82.19
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 PriceCurrent PriceReturnWeighting
iShares® S&P/TSX 60 Index ETF30.7129.12-5.18%100%
Reference Portfolio Return-5.18%
Indicative Variable Interest0.00%
Barrier18.426