NBC Variable ROC Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on December 7, 2020

Current price: $102.53
As of 07-Dec-2020

General Information

Issuer:
NBC
FundSERV Code:
NBC1177
ISM Code:
V79207
Ticker Symbol:
XIU

Highlights

  • 5.5-year term.
  • Linked to the units of the iShares® S&P/TSX 60 Index ETF.
  • Potential ROC Payments: Provided that the Reference Asset Return is higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive a ROC Payment on the applicable ROC Payment Date.
  • ROC Payment Threshold: -30.00%
  • Variable Return Threshold: 27.775 %
  • Potential ROC Payments : $2.525 semi-annually.
  • Participation Factor of 5%.
  • Maturity-Monitored Barrier: -30.00%.
  • If the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; oror
  • If the Reference Portfolio Return is nil or negative but higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If the Reference Portfolio Return is negative and equal to or 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

Issue Date:
05-Jun-2015
Maturity date:
07-Dec-2020
Note term:
5.5 years
Valuation Date:
02-Dec-2020

Price and Historical Values

Last Updated Date:
07-Dec-2020
Current Price:
$102.53
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 PriceReturn
iShares® S&P/TSX 60 Index ETF22.0326.0318.16%
Reference Portfolio Return18.16%
Barrier15.42