NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on June 19, 2030
10102
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC26361
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ISM Code:
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V46EQ7
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Ticker Symbol:
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XIU
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Index Page:
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Link
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Educational Summary:
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Link
Highlights
- 7-year term.
- Linked to the iShares® S&P/TSX 60® ETF.
- 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%
- Call Threshold: 10% (starting after 6 months).
- Potential Coupon Payment: $8.04 p.a. paid monthly.
- Maturity Barrier: -30%.
- If the Reference Portfolio Return is equal to or higher than the Call Threshold on a Call Valuation Date, the Note Securities will be automatically called on the applicable Call Date and the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
- If the Note Securities are not automatically called and 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 Note Securities are not automatically called and 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 Note Securities are not automatically called and 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
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Issue Date:
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19-Jun-2023
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Maturity date:
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19-Jun-2030
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Note term:
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7.0 years
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Call Val. Date 1:
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12-Dec-2023
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Call Val. Date 2:
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12-Jan-2024
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Call Val. Date 3:
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12-Feb-2024
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Call Val. Date 4:
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12-Mar-2024
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Call Val. Date 5:
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12-Apr-2024
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Call Val. Date 6:
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13-May-2024
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Call Val. Date 7:
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12-Jun-2024
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Call Val. Date 8:
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12-Jul-2024
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Call Val. Date 9:
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12-Aug-2024
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Call Val. Date 10:
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12-Sep-2024
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Call Val. Date 11:
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11-Oct-2024
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Call Val. Date 12:
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12-Nov-2024
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Call Val. Date 13:
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12-Dec-2024
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Call Val. Date 14:
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13-Jan-2025
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Call Val. Date 15:
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11-Feb-2025
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Call Val. Date 16:
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12-Mar-2025
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Call Val. Date 17:
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11-Apr-2025
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Call Val. Date 18:
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12-May-2025
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Call Val. Date 19:
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12-Jun-2025
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Call Val. Date 20:
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14-Jul-2025
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Call Val. Date 21:
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12-Aug-2025
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Call Val. Date 22:
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12-Sep-2025
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Call Val. Date 23:
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10-Oct-2025
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Call Val. Date 24:
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12-Nov-2025
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Call Val. Date 25:
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12-Dec-2025
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Call Val. Date 26:
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12-Jan-2026
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Call Val. Date 27:
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11-Feb-2026
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Call Val. Date 28:
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12-Mar-2026
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Final Valuation Date:
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12-Jun-2030
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Price and Historical Values
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Last Updated Date:
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16-Apr-2024
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Current Price:
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$98.56
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Currency:
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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
| Company | Initial Price | Current Price | Return | Weighting |
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| iShares® S&P/TSX 60 Index ETF | 30.31 | 32.83 | 8.31% | 100% |
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| | Reference Portfolio Return | 8.31% | |
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| | Indicative Variable Interest | 0.00% | |
| | Barrier | 21.217 | |
| | Call Threshold | 10.00% | |
| | Call Threshold Value | 33.341 | |
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