NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Solactive GBS United States 500 Hedged to CAD Index 3% Decrement, Class F, due on October 16, 2031

Current price: $99.08
As of 11-Jul-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC29630
ISM Code:
V450D1
Ticker Symbol:
US500CE3
Index Page:
Link
Educational Summary:
Link

Highlights

  • 7-year term.
  • Linked to the Solactive GBS United States 500 Hedged to CAD Index 3% Decrement.
  • 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 18 months).
  • Potential Coupon Payment: $8.28 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; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is positive or 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 × [1 + Reference Portfolio Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
16-Oct-2024
Maturity date:
16-Oct-2031
Note term:
7.0 years
Call Val. Date 1:
09-Apr-2026
Call Val. Date 2:
08-Oct-2026
Call Val. Date 3:
09-Apr-2027
Call Val. Date 4:
08-Oct-2027
Call Val. Date 5:
07-Apr-2028
Call Val. Date 6:
06-Oct-2028
Call Val. Date 7:
09-Apr-2029
Call Val. Date 8:
09-Oct-2029
Call Val. Date 9:
09-Apr-2030
Call Val. Date 10:
08-Oct-2030
Call Val. Date 11:
08-Apr-2031
Final Valuation Date:
08-Oct-2031

Price and Historical Values

Last Updated Date:
11-Jul-2025
Current Price:
$99.08
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.

Note

Please note that the Coupon Payment Valuation Date, initially set for January 9, 2025, has been postponed to January 10, 2025, as the former date was not a Trading Day due to the National Day of Mourning for former American President Jimmy Carter. Therefore, the corresponding Coupon Payment Date has also been postponed to the next Business Day.

Legal Notice

Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
Solactive GBS United States 500 Hedged to CAD Index 3% Decrement5489.765791.335.49%100%
Reference Portfolio Return5.49%
Indicative Variable Interest0.00%
Barrier3842.832
Call Threshold10.00%
Call Threshold Value6038.736