NBC Relay Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Global Equity Markets, Class F, due on July 6, 2027

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC25793
ISM Code:
V46BM0
Ticker Symbol:
SX5E, XIU, XSP

Dates

Issue Date:
06-Jul-2022
Maturity date:
06-Jul-2027
Note term:
5.0 years
Call Valuation Date 1:
28-Jun-2023
Call Valuation Date 2:
31-Jul-2023
Call Valuation Date 3:
29-Aug-2023
Call Valuation Date 4:
28-Sep-2023
Call Valuation Date 5:
30-Oct-2023
Call Valuation Date 6:
29-Nov-2023
Call Valuation Date 7:
02-Jan-2024
Call Valuation Date 8:
30-Jan-2024
Call Valuation Date 9:
28-Feb-2024
Call Valuation Date 10:
02-Apr-2024
Call Valuation Date 11:
29-Apr-2024
Call Valuation Date 12:
30-May-2024
Call Valuation Date 13:
28-Jun-2024
Call Valuation Date 14:
29-Jul-2024
Call Valuation Date 15:
29-Aug-2024
Call Valuation Date 16:
27-Sep-2024
Call Valuation Date 17:
30-Oct-2024
Call Valuation Date 18:
29-Nov-2024
Call Valuation Date 19:
20-Dec-2024
Call Valuation Date 20:
30-Jan-2025
Call Valuation Date 21:
27-Feb-2025
Call Valuation Date 22:
31-Mar-2025
Call Valuation Date 23:
29-Apr-2025
Call Valuation Date 24:
30-May-2025
Call Valuation Date 25:
27-Jun-2025
Call Valuation Date 26:
29-Jul-2025
Call Valuation Date 27:
29-Aug-2025
Call Valuation Date 28:
26-Sep-2025
Final Valuation Date:
28-Jun-2027

Highlights

  • 5-year term.
  • Linked to the Global Equity Markets.
  • Potential coupon payments: provided that the Lowest Reference Asset 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%
  • Call Threshold: 5% (starting after 12 months).
  • Potential Coupon Payment: $8.16 p.a. paid monthly.
  • Maturity Barrier: -40%.
  • If the Lowest Reference Asset Return is equal to or higher than the Call Threshold on a Call Valuation Date, the Notes 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 Notes are not automatically called and the Lowest Reference Asset Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
  • If the Notes are not automatically called and the Lowest Reference Asset 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 Notes are not automatically called and the Lowest Reference Asset Return is negative and lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Lowest Reference Asset Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.
Legal Notice

Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
EURO STOXX 500.003514.32100%
iShares® S&P/TSX 60 Index ETF0.0029.32100%
iShares Core S&P 500 Index ETF CAD-Hedged0.0040.80100%
Lowest Reference Asset Return0.00%
Call Threshold5.00%