NBC Variable ROC Note Securities (Maturity-Monitored Barrier) linked to the American Market (USD), due on April 19, 2022
2111
General Information
-
-
-
Issuer:
-
NBC
-
FundSERV Code:
-
NBC1193
-
ISM Code:
-
V77510
-
Ticker Symbol:
-
SPY
Highlights
- 6 year term.
- Linked to the units of the SPDR® S&P 500® ETF Trust
.
- ROC Payment Threshold: -40%.
- Variable Return Threshold: 30.00%.
- Potential ROC Payments : $2.50 semi-annually.
- Participation Factor of 5%.
- Maturity-Monitored Barrier: -40%.
- If the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to US$100
x [1 + Variable Return];
- 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 US$100;
- 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 US$100 x [1 + Reference Portfolio Return].
- Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
- A daily secondary market is subject to availability and to early trading charges.
Dates
-
Issue Date:
-
19-Apr-2016
-
Maturity date:
-
19-Apr-2022
-
Note term:
-
6.0 years
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Valuation Date:
-
13-Apr-2022
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
ROC Payment Valuation Date 1:
-
14-Oct-2016
-
ROC Payment Valuation Date 2:
-
13-Apr-2017
-
ROC Payment Valuation Date 3:
-
16-Oct-2017
-
ROC Payment Valuation Date 4:
-
16-Apr-2018
-
ROC Payment Valuation Date 5:
-
16-Oct-2018
-
ROC Payment Valuation Date 6:
-
16-Apr-2019
-
ROC Payment Valuation Date 7:
-
16-Oct-2019
-
ROC Payment Valuation Date 8:
-
15-Apr-2020
-
ROC Payment Valuation Date 9:
-
14-Oct-2020
-
ROC Payment Valuation Date 10:
-
14-Apr-2021
-
ROC Payment Valuation Date 11:
-
14-Oct-2021
-
ROC Payment Valuation Dates 12:
-
13-Apr-2022
Price and Historical Values
-
Last Updated Date:
-
19-Apr-2022
-
Current Price:
-
US$106.56
-
Current ETC:
-
US$0.00
-
Price Net of ETC:
-
US$106.56
-
Currency:
-
USD
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
Company | Initial Price | Final Price | Return |
SPDR S&P 500 ETF Trust | 209.91 | 443.31 | 111.19% |
| | | |
| | Reference Portfolio Return | 111.19% |
| | | |
| | Barrier | 125.95 |
|