NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the common shares of Palo Alto Networks, Inc., due on June 30, 2026

Current price: $100.74
As of 30-Mar-2023

General Information

FundSERV Code:
NBC25787
ISM Code:
V468K1
Ticker Symbol:
PANW
Educational Summary:
Link

Highlights

  • 4-year term.
  • Linked to Palo Alto Networks, Inc..
  • Potential coupon payments: provided that the Reference Portfolio Return is equal to or 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: -30%
  • Call Threshold: 5% (starting after 6 months).
  • Potential Coupon Payment: $8.88 p.a. paid monthly.
  • Maturity Barrier: -30%.
  • If the Reference Portfolio Return is equal to or 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 positive 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 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; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is negative and 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

Issue Date:
30-Jun-2022
Maturity date:
30-Jun-2026
Call Val. Date 1:
21-Dec-2022
Call Val. Date 2:
23-Jan-2023
Call Val. Date 3:
21-Feb-2023
Call Val. Date 4:
23-Mar-2023
Call Val. Date 5:
24-Apr-2023
Call Val. Date 6:
19-May-2023
Call Val. Date 7:
22-Jun-2023
Call Val. Date 8:
24-Jul-2023
Call Val. Date 9:
23-Aug-2023
Call Val. Date 10:
25-Sep-2023
Call Val. Date 11:
23-Oct-2023
Call Val. Date 12:
22-Nov-2023
Call Val. Date 13:
20-Dec-2023
Call Val. Date 14:
23-Jan-2024
Call Val. Date 15:
22-Feb-2024
Call Val. Date 16:
22-Mar-2024
Call Val. Date 17:
23-Apr-2024
Call Val. Date 18:
22-May-2024
Call Val. Date 19:
21-Jun-2024
Call Val. Date 20:
23-Jul-2024
Call Val. Date 21:
23-Aug-2024
Call Val. Date 22:
23-Sep-2024
Call Val. Date 23:
23-Oct-2024
Call Val. Date 24:
22-Nov-2024
Call Val. Date 25:
19-Dec-2024
Call Val. Date 26:
23-Jan-2025
Call Val. Date 27:
21-Feb-2025
Call Val. Date 28:
24-Mar-2025
Call Val. Date 29:
23-Apr-2025
Call Val. Date 30:
22-May-2025
Call Val. Date 31:
20-Jun-2025
Call Val. Date 32:
23-Jul-2025
Call Val. Date 33:
25-Aug-2025
Call Val. Date 34:
23-Sep-2025
Call Val. Date 35:
23-Oct-2025
Call Val. Date 36:
21-Nov-2025
Call Val. Date 37:
19-Dec-2025
Call Val. Date 38:
23-Jan-2026
Call Val. Date 39:
23-Feb-2026
Call Val. Date 40:
23-Mar-2026
Call Val. Date 41:
23-Apr-2026
Call Val. Date 42:
22-May-2026
Final Valuation Date:
22-Jun-2026

Price and Historical Values

Last Updated Date:
30-Mar-2023
Current Price:
$100.74
Current ETC:
$0.00
Price Net of ETC:
$100.74
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
Palo Alto Networks Inc164.65193.8917.76%100%
Reference Portfolio Return17.76%
Barrier115.2529
Call Threshold5.00%
Called on Mar 30, 2023Call Threshold Value172.87935