NBC Barrier Booster Note Securities (Maturity-Monitored Barrier) linked to the Solactive Equal Weight Canada Banks 5% AR Index, due on March 15, 2029

Current price: $86.20
As of 23-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC25046
ISM Code:
V459U9
Ticker Symbol:
SOLCBEW5
Index Page:
Link
Index Guideline:
Link
Index Fact Sheet:
Link

Highlights

  • 7-year term.
  • Linked to the Solactive Equal Weight Canada Banks 5% AR Index.
  • Booster Return: 95%
  • ROC Payment: $12.06 p.a. paid monthly.
  • Participation Factor: 100%
  • Maturity Barrier: -25%.
  • If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Bonus Return + Variable Return].
  • If the Reference Portfolio Return is nil or negative but higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100.
  • If the 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:
15-Mar-2022
Maturity date:
15-Mar-2029
Note term:
7.0 years
Valuation Date:
08-Mar-2029

Price and Historical Values

Last Updated Date:
23-Apr-2024
Current Price:
$86.20
Current ETC:
$0.00
Price Net of ETC:
$86.20
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
Solactive Equal Weight Canada Banks 5% AR Index209.55184.04-12.17%100%
Reference Portfolio Return-12.17%
Indicative Variable Interest0.00%
Barrier157.1625
Booster Range0.00% to 95.00%