NBC Canadian Banks with Low Point Flex GIC, series 2 (USD)

Current price: US$73.79
As of 18-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28150
ISM Code:
Z05Z0B
Ticker Symbol:
BMO, BNS, CM, RY, TD

Highlights

  • 10-year term.
  • Linked to Canadian banks.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Return from low point over first 6 months (observed daily)
  • Participation Factor: 132.50%
  • Eligible for CDIC Deposit Insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Can be sold back to the Bank on a daily basis subject to normal market conditions. An investor who sells the Deposit prior to maturity may receive less than the Principal Amount per Deposit.

Dates

Issue Date:
05-May-2022
Maturity date:
05-May-2032
Note term:
10.0 years
Valuation Date:
28-Apr-2032

Price and Historical Values

Last Updated Date:
18-Apr-2024
Current Price:
US$73.79
Current ETC:
US$0.00
Price Net of ETC:
US$73.79
Currency:
USD

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 ValueCurrent PriceReturn
Bank of Montreal135.16125.36-7.25%
Bank of Nova Scotia82.4864.14-22.24%
Canadian Imperial Bank of Commerce70.05565.02-7.19%
Royal Bank of Canada130.32133.522.46%
Toronto-Dominion Bank93.3578.85-15.53%
Reference Portfolio Return-9.95%
Basket Level900.498
Indicative Variable Interest9.60%
Lowest Observed Level
11-Oct-22839.65