NBC Fixed ROC Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, Class F, due on November 24, 2025

Current price: $98.47
As of 17-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC21485
ISM Code:
V46773
Ticker Symbol:
BMO, BNS, CM, RY, TD

Highlights

  • 5-year term.
  • Linked to Canadian banks.
  • Guaranteed ROC Payment: $6.00 p.a. paid semi-annually.
  • Participation Factor: 5%
  • Variable Return Threshold: 30%
  • Maturity Barrier: -10%.
  • 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 or
  • If the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • ifthe Reference Portfolio Return is negative and lower than the Barrier on the 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

Issue Date:
24-Nov-2020
Maturity date:
24-Nov-2025
Note term:
5.0 years
Valuation Date:
17-Nov-2025

Price and Historical Values

Last Updated Date:
17-Apr-2024
Current Price:
$98.47

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 PriceReturn
Bank of Montreal97.28125.2728.77%
Bank of Nova Scotia64.4564.22-0.36%
Canadian Imperial Bank of Commerce55.5364.8016.69%
Royal Bank of Canada107.71133.3023.76%
Toronto-Dominion Bank71.1878.289.97%
Reference Portfolio Return15.77%
Indicative Variable Interest0.00%