NBC Fixed Coupon Note Securities (Maturity-Monitored Barrier) linked to the Solactive Canada Bank 40 AR Index, Class F, due on February 2, 2028

Current price: $91.27
As of 26-Sep-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC25541
ISM Code:
V46DB7
Ticker Symbol:
SOLCAB40
Index Page:
Link
Index Guideline:
Link

Dates

Issue Date:
02-Feb-2023
Maturity date:
02-Feb-2028
Note term:
5.0 years
Valuation Date:
26-Jan-2028

Highlights

  • 5-year term.
  • Linked to the Solactive Canada Bank 40 AR Index.
  • Guaranteed Coupon Payment: $7.56 p.a. paid monthly.
  • Participation Factor: 0%
  • Maturity Barrier: -30%.
  • If the Reference Portfolio Return is positive on the 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 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 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:
26-Sep-2023
Current Price:
$91.27
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 Index829.67715.59-13.75%100%
Reference Portfolio Return-13.75%
Indicative Variable Interest0.00%
Barrier580.769