NBC Variable ROC Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on January 31, 2022

Current price: $104.44
As of 31-Jan-2022

General Information

Issuer:
NBC
ISM Code:
V79471
Ticker Symbol:
XIU
Index Page:
Link

Highlights

  • 6-year term.
  • Linked to the iShares® S&P/TSX 60® ETF.
  • Potential ROC Payments: provided that the Reference Portfolio Return is equal to or higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive a ROC Payment on each ROC Payment date.
  • ROC Payment Threshold: -35%
  • Potential ROC Payment: $5.25 p.a. paid semi-annually.
  • Participation Factor: 5%
  • Variable Return Threshold: 31.50%
  • Maturity Barrier: -35%.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
29-Jan-2016
Maturity date:
31-Jan-2022
Note term:
6.0 years
Valuation Date:
26-Jan-2022
ROC Payment Valuation Date 1:
26-Jul-2016
ROC Payment Valuation Date 2:
25-Jan-2017
ROC Payment Valuation Date 3:
26-Jul-2017
ROC Payment Valuation Date 4:
21-Jan-2018
ROC Payment Valuation Date 5:
25-Jul-2018
ROC Payment Valuation Date 6:
24-Jan-2019
ROC Payment Valuation Date 7:
24-Jul-2019
ROC Payment Valuation Date 8:
24-Jan-2020
ROC Payment Valuation Date 9:
24-Jul-2020
ROC Payment Valuation Date 10:
26-Jan-2021
ROC Payment Valuation Date 11:
26-Jul-2021

Price and Historical Values

Last Updated Date:
31-Jan-2022
Current Price:
$104.44
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 ETF18.9231.7167.60%
Reference Portfolio Return67.60%
Barrier12.30