NBC Barrier Booster Note Securities (Maturity-Monitored Barrier) linked to the Solactive Canada Bank 40 AR Index, due on January 31, 2029

Current price: $101.16
As of 03-Feb-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC25056
ISM Code:
V46DA7
Ticker Symbol:
SOLCAB40
Index Page:
Link
Index Guideline:
Link

Dates

Issue Date:
31-Jan-2023
Maturity date:
31-Jan-2029
Note term:
6.0 years
Valuation Date:
24-Jan-2029

Highlights

  • 6-year term.
  • Linked to the Solactive Canada Bank 40 AR Index.
  • Booster Return: 92.50%
  • 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.

Price and Historical Values

Last Updated Date:
03-Feb-2023
Current Price:
$101.16
Current ETC:
$4.80
Price Net of ETC:
$96.36
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 Index826.67835.541.07%100%
Reference Portfolio Return1.07%
Indicative Variable Interest92.50%
Barrier620.0025
Booster Range0.00% to 92.50%