NBC Barrier Booster Note Securities (Maturity-Monitored Barrier) linked to the Solactive Canada Bank 40 AR Index, Class F, due on February 8, 2029

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC25057
ISM Code:
V46DE1
Ticker Symbol:
SOLCAB40
Index Page:
Link
Index Guideline:
Link

Dates

Issue Date:
08-Feb-2023
Maturity date:
08-Feb-2029
Note term:
6.0 years
Valuation Date:
01-Feb-2029

Highlights

  • 6-year term.
  • Linked to the Solactive Canada Bank 40 AR Index.
  • Booster Return: 102.50%
  • 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.
Legal Notice

Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
Solactive Canada Bank 40 AR Index0.00835.54100%
Reference Portfolio Return0.00%
Barrier0
Booster Range0.00% to 102.50%