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

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC22972
ISM Code:
V455J6
Ticker Symbol:
XSP
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 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.
Legal Notice

Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
iShares Core S&P 500 Index ETF CAD-Hedged0.0047.44100%
Reference Portfolio Return0.00%
Barrier0