NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, due on April 26, 2032

Current price: $102.63
As of 27-Oct-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC30345
ISM Code:
V46Q58
Ticker Symbol:
XIU
Index Page:
Link
Educational Summary:
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%.
  • Potential Coupon Payment: $5.25 p.a. paid semi-annually.
  • 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:
25-Apr-2025
Maturity date:
26-Apr-2032
Note term:
7.0 years
Call Val. Date 1:
20-Oct-2025
Call Val. Date 2:
20-Apr-2026
Call Val. Date 3:
19-Oct-2026
Call Val. Date 4:
19-Apr-2027
Call Val. Date 5:
18-Oct-2027
Call Val. Date 6:
18-Apr-2028
Call Val. Date 7:
18-Oct-2028
Call Val. Date 8:
18-Apr-2029
Call Val. Date 9:
18-Oct-2029
Call Val. Date 10:
17-Apr-2030
Call Val. Date 11:
18-Oct-2030
Call Val. Date 12:
18-Apr-2031
Call Val. Date 13:
20-Oct-2031
Final Valuation Date:
19-Apr-2032

Price and Historical Values

Last Updated Date:
27-Oct-2025
Current Price:
$102.63
Current ETC:
$0.00
Price Net of ETC:
$102.63
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
iShares S&P/TSX 60 Index ETF37.6245.2620.31%100%
Reference Portfolio Return20.31%
Barrier26.334
Call Threshold10.00%
Called on Oct 27, 2025Call Threshold Value41.382