NBC Barrier Booster Note Securities (Maturity-Monitored Barrier) linked to the Solactive Canada Bank 40 AR Index, Class F, due on November 3, 2028

Current price: $109.17
As of 02-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC25054
ISM Code:
V46CM3
Ticker Symbol:
SOLCAB40
Index Page:
Link
Index Guideline:
Link

Highlights

  • 6-year term.
  • Linked to the Solactive Canada Bank 40 AR Index.
  • Booster Return: 106.50%
  • Participation Factor: 100%
  • Maturity Barrier: -25%.
  • If the Reference Portfolio Return is equal to or higher than the Booster Threshold on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Booster Return + Variable Return]; or
  • If the Reference Portfolio Return is lower than the Booster Threshold but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If the Reference Portfolio Return is lower than the Booster Threshold and the Barrier on the 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:
03-Nov-2022
Maturity date:
03-Nov-2028
Note term:
6.0 years
Valuation Date:
27-Oct-2028

Price and Historical Values

Last Updated Date:
02-Jul-2024
Current Price:
$109.17
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
Solactive Canada Bank 40 AR Index771.18775.870.61%100%
Reference Portfolio Return0.61%
Indicative Variable Interest106.50%
Barrier578.385
Booster Range0.00% to 106.50%