NBC Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Solactive Canada Bank 40 AR Index, due on November 30, 2029

Current price: $109.58
As of 04-Jul-2025

General Information

FundSERV Code:
NBC22982
ISM Code:
V46CT0
Ticker Symbol:
SOLCAB40
Index Page:
Link
Index Guideline:
Link

Highlights

  • 7-year term.
  • Linked to the Solactive Canada Bank 40 AR Index.
  • Potential coupon payments: provided that the Reference Portfolio Return is equal to or greater 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%
  • Potential Coupon Payment: $8.52 p.a. paid monthly.
  • Maturity Barrier: -30%.
  • 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 Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If 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:
30-Nov-2022
Maturity date:
30-Nov-2029
Valuation Date:
23-Nov-2029

Price and Historical Values

Last Updated Date:
04-Jul-2025
Current Price:
$109.58
Current ETC:
$0.00
Price Net of ETC:
$109.58
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 Index811.621005.1323.84%100%
Reference Portfolio Return23.84%
Indicative Variable Interest0.00%
Barrier568.134