NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on April 25, 2029

Current price: $97.01
As of 15-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC25632
ISM Code:
V46AS1
Ticker Symbol:
XIU
Index Page:
Link
Educational Summary:
Link

Highlights

  • 7-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: -30%
  • Call Threshold: 10% (starting after 6 months).
  • Potential Coupon Payment: $7.02 p.a. paid monthly.
  • Maturity Barrier: -30%.
  • 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:
25-Apr-2022
Maturity date:
25-Apr-2029
Note term:
7.0 years
Call Val. Date 1:
18-Oct-2022
Call Val. Date 2:
18-Nov-2022
Call Val. Date 3:
19-Dec-2022
Call Val. Date 4:
18-Jan-2023
Call Val. Date 5:
17-Feb-2023
Call Val. Date 6:
20-Mar-2023
Call Val. Date 7:
18-Apr-2023
Call Val. Date 8:
17-May-2023
Call Val. Date 9:
19-Jun-2023
Call Val. Date 10:
18-Jul-2023
Call Val. Date 11:
18-Aug-2023
Call Val. Date 12:
18-Sep-2023
Call Val. Date 13:
18-Oct-2023
Call Val. Date 14:
20-Nov-2023
Call Val. Date 15:
18-Dec-2023
Call Val. Date 16:
18-Jan-2024
Call Val. Date 17:
16-Feb-2024
Call Val. Date 18:
18-Mar-2024
Call Val. Date 19:
18-Apr-2024
Call Val. Date 20:
17-May-2024
Call Val. Date 21:
17-Jun-2024
Call Val. Date 22:
18-Jul-2024
Call Val. Date 23:
19-Aug-2024
Call Val. Date 24:
18-Sep-2024
Call Val. Date 25:
18-Oct-2024
Call Val. Date 26:
18-Nov-2024
Call Val. Date 27:
18-Dec-2024
Call Val. Date 28:
20-Jan-2025
Call Val. Date 29:
18-Feb-2025
Call Val. Date 30:
18-Mar-2025
Call Val. Date 31:
17-Apr-2025
Call Val. Date 32:
16-May-2025
Call Val. Date 33:
17-Jun-2025
Call Val. Date 34:
18-Jul-2025
Call Val. Date 35:
18-Aug-2025
Call Val. Date 36:
18-Sep-2025
Call Val. Date 37:
20-Oct-2025
Call Val. Date 38:
18-Nov-2025
Call Val. Date 39:
18-Dec-2025
Call Val. Date 40:
19-Jan-2026
Call Val. Date 41:
18-Feb-2026
Call Val. Date 42:
18-Mar-2026
Call Val. Date 43:
20-Apr-2026
Call Val. Date 44:
15-May-2026
Call Val. Date 45:
17-Jun-2026
Call Val. Date 46:
20-Jul-2026
Call Val. Date 47:
18-Aug-2026
Call Val. Date 48:
18-Sep-2026
Call Val. Date 49:
19-Oct-2026
Call Val. Date 50:
18-Nov-2026
Call Val. Date 51:
18-Dec-2026
Call Val. Date 52:
18-Jan-2027
Call Val. Date 53:
18-Feb-2027
Call Val. Date 54:
18-Mar-2027
Call Val. Date 55:
19-Apr-2027
Call Val. Date 56:
17-May-2027
Call Val. Date 57:
17-Jun-2027
Call Val. Date 58:
19-Jul-2027
Call Val. Date 59:
18-Aug-2027
Call Val. Date 60:
20-Sep-2027
Call Val. Date 61:
18-Oct-2027
Call Val. Date 62:
18-Nov-2027
Call Val. Date 63:
20-Dec-2027
Call Val. Date 64:
18-Jan-2028
Call Val. Date 65:
17-Feb-2028
Call Val. Date 66:
20-Mar-2028
Call Val. Date 67:
18-Apr-2028
Call Val. Date 68:
17-May-2028
Call Val. Date 69:
19-Jun-2028
Call Val. Date 70:
18-Jul-2028
Call Val. Date 71:
18-Aug-2028
Call Val. Date 72:
18-Sep-2028
Call Val. Date 73:
18-Oct-2028
Call Val. Date 74:
20-Nov-2028
Call Val. Date 75:
18-Dec-2028
Call Val. Date 76:
18-Jan-2029
Call Val. Date 77:
16-Feb-2029
Call Val. Date 78:
19-Mar-2029
Final Valuation Date:
18-Apr-2029

Price and Historical Values

Last Updated Date:
15-Apr-2024
Current Price:
$97.01
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 ETF32.1933.012.55%100%
Reference Portfolio Return2.55%
Indicative Variable Interest0.00%
Barrier22.533
Call Threshold10.00%
Call Threshold Value35.409