Canadian Banks Callable Equity Income Principal At Risk Notes, Series 255 (CAD)
This is an income product linked to the S&P/TSX 60 Index. Every six months, the product offers a 3,10% coupon if the level of the underlying is equal or above 75% of its initial level. Otherwise, no coupon is paid for this period. If on a valuation date, the level of the underlying is equal to or higher than 110%, the product will be redeemed and the investor will receive 103,10% capital return....
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