NBC Fixed Coupon Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, due on August 18, 2025

Current price: $106.19
As of 21-Jan-2021

General Information

Issuer:
NBC
FundSERV Code:
NBC20298
ISM Code:
V46442
Ticker Symbol:
BMO, BNS, CM, RY, TD

Dates

Issue Date:
14-Aug-2020
Maturity date:
18-Aug-2025
Note term:
5.0 years
Valuation Date:
11-Aug-2025

Highlights

  • 5-year term.
  • Linked to Canadian banks.
  • Guaranteed Coupon Payment: $4.70 p.a. paid semi-annually.
  • Maturity Barrier: -40%.
  • If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1+ Variable Return]; or
  • If the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Price and Historical Values

Last Updated Date:
21-Jan-2021
Current Price:
$106.19
Current ETC:
$2.10
Price Net of ETC:
$104.09
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 PriceCurrent PriceReturnWeighting
Bank of Montreal78.0398.2025.85%20%
Bank of Nova Scotia57.6869.9821.32%20%
Canadian Imperial Bank of Commerce97.17111.6914.94%20%
Royal Bank of Canada97.46107.8410.65%20%
Toronto-Dominion Bank63.4374.4917.44%20%
Reference Portfolio Return18.04%
Indicative Variable Interest0.00%