NBC Auto Callable Contingent Income Note Securities (Geared Buffer) linked to the Global gold mining sector, due on July 5, 2030

Current price: $100.75
As of 05-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC26390
ISM Code:
V46EU5
Ticker Symbol:
GDX
Index Page:
Link

Highlights

  • 7-year term.
  • Linked to the Vaneck Vectors Gold Miners 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: 5%.
  • Potential Coupon Payment: $9.00 p.a. paid monthly.
  • Geared Buffer: -30%.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
05-Jul-2023
Maturity date:
05-Jul-2030
Note term:
7.0 years
Call Val. Date 1:
20-Dec-2023
Call Val. Date 2:
26-Jun-2024
Call Val. Date 3:
20-Dec-2024
Call Val. Date 4:
26-Jun-2025
Call Val. Date 5:
22-Dec-2025
Call Val. Date 6:
25-Jun-2026
Call Val. Date 7:
22-Dec-2026
Call Val. Date 8:
25-Jun-2027
Call Val. Date 9:
21-Dec-2027
Call Val. Date 10:
23-Jun-2028
Call Val. Date 11:
20-Dec-2028
Call Val. Date 12:
26-Jun-2029
Call Val. Date 13:
02-Jan-2030
Final Valuation Date:
26-Jun-2030

Price and Historical Values

Last Updated Date:
05-Jul-2024
Current Price:
$100.75
Current ETC:
$0.00
Price Net of ETC:
$100.75
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 PriceFinal PriceReturnWeighting
The VanEck Vectors Gold Miners ETF29.8333.8213.38%100%
Reference Portfolio Return13.38%
Barrier20.881
Call Threshold5.00%
Called on Jul 05, 2024Call Threshold Value31.3215