NBC Auto Callable Contingent ROC Note Securities (Maturity-Monitored Barrier) linked to the Canadian energy sector, due on August 23, 2022
2264
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC1948
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ISM Code:
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V79661
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Ticker Symbol:
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XEG
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Index Page:
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Link
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Highlights
- 6-year term.
- Linked to the iShares® S&P/TSX Capped Energy Index 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: -40%
- Call Threshold: 10% (starting after 12 months).
- Potential ROC Payment: $8.00 p.a. paid semi-annually.
- Participation Factor: 5%
- Maturity Barrier: -40%.
- If the Reference Portfolio Return is 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 x [1 + Variable Return]; or
- If the Note Securities are not automatically called and the Reference Portfolio Return is higher than the Call Threshold on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
- If the Note Securities are not automatically called and the Reference Portfolio Return is equal to or lower than the Call Threshold but 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 lower than the Call Threshold and is 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
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Issue Date:
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23-Aug-2016
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Maturity date:
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23-Aug-2022
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Note term:
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6.0 years
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Call Val. Date 1:
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16-Aug-2017
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Call Val. Date 2:
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15-Feb-2018
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Call Val. Date 3:
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16-Aug-2018
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Call Val. Date 4:
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15-Feb-2019
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Call Val. Date 5:
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16-Aug-2019
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Call Val. Date 6:
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14-Feb-2020
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Call Val. Date 7:
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17-Aug-2020
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Call Val. Date 8:
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16-Feb-2021
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Call Val. Date 9:
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16-Aug-2021
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Call Val. Date 10:
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15-Feb-2022
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Final Valuation Date:
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16-Aug-2022
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Price and Historical Values
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Last Updated Date:
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23-Aug-2022
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Current Price:
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$104.77
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Current ETC:
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$0.00
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Price Net of ETC:
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$104.77
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Currency:
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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
| Company | Initial Price | Final Price | Return | Weighting |
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| iShares S&P/TSX Capped Energy Index ETF | 12.74 | 14.70 | 15.38% | 100% |
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| | Reference Portfolio Return | 15.38% | |
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| | Barrier | 7.644 | |
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| | Call Threshold | 0.00% | |
| Called on Aug 23, 2022 | | Call Threshold Value | 12.74 | |
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