NBC Relay Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Global Equity Markets, Class F, due on June 17, 2024

Current price: $106.00
As of 15-Jun-2021

General Information

Issuer:
NBC
FundSERV Code:
NBC20511
ISM Code:
V86557
Ticker Symbol:
SX5E Index, XIU CT Equity, XSP CT Equity

Highlights

  • 7-year term. 
  • Linked to the units of the iShares® S&P/TSX 60 Index ETF, units of the iShares® Core S&P 500 Index ETF (CAD-Hedged) and to the Euro Stoxx 50® Index .
  • Potential Coupon Payments: Provided that the Lowest Reference Asset Return is higher 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: -17.50%.
  • Call Threshold: 10.00%.
  • Potential Coupon Payments : $12.00 p. a. paid semi-annually.
  • Call frequency: Semi-annually.
  • Participation Factor: 0.00%.
  • Maturity-Monitored Barrier: -20.00%.
  • If the Lowest Reference Asset 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].
  • If the Note Securities are not automatically called and the Lowest Reference Asset Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1  + Variable Return].
  • If the Note Securities are not automatically called and the Lowest Reference Asset Return 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.
  • If the Note Securities are not automatically called and the Lowest Reference Asset Return is negative and lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Lowest Reference Asset Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
15-Jun-2018
Maturity date:
17-Jun-2024
Note term:
6.0 years
Valuation Date:
10-Jun-2024
Call Val. Date 1:
10-Dec-2018
Call Val. Date 2:
10-Jun-2019
Call Val. Date 3:
09-Dec-2019
Call Val. Date 4:
08-Jun-2020
Call Val. Date 5:
08-Dec-2020
Call Val. Date 6:
08-Jun-2021
Call Val. Date 7:
08-Dec-2021
Call Val. Date 8:
08-Jun-2022
Call Val. Date 9:
08-Dec-2022
Call Val. Date 10:
08-Jun-2023
Call Val. Date 11:
08-Dec-2023

Price and Historical Values

Last Updated Date:
15-Jun-2021
Current Price:
$106.00
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
EURO STOXX 503505.024096.0116.86%100%
iShares® S&P/TSX 60 Index ETF24.1930.2425.01%100%
iShares Core S&P 500 Index ETF CAD-Hedged31.6245.6144.24%100%
Reference Portfolio Return16.86%
Call Threshold10.00%
Called on Jun 15, 2021