European Market Deposit Notes, Series 11

Principal Protected Note




Minimum subscription






Issuance date

Maturity date


March 29, 2018

September 29, 2025

7.5 years


Selling period March 9 to March 23, 2018 Type Principal Protected Note 

  • 7.5-year term.
  • Linked to the EURO STOXX 50® Index.
  • Participation factor of 100%.
  • Principal Amount fully protected at maturity by National Bank of Canada.
  • The Deposits aim to provide you with a return at maturity linked to the performance of the units of the EURO STOXX 50® Index.
  • A daily secondary market is maintained subject to availability. A Holder who sells Deposits prior to maturity may receive less than the Principal Amount per Deposit.
  • Eligible for all types of accounts (RRSP, RRIF, DPSP, RESP, RDSP and TFSA).
  • $1,000 minimum subscription (10 Deposits).


What are Linked Notes?

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Non principal protected notes (“Note Securities”), principal protected notes (“Deposit Notes”) and market-linked guaranteed investment certificates (“Market-Linked GICs”) differ from conventional debt and fixed income investment. The repayment of the entire principal amount is not guaranteed for the Note Securities and is guaranteed at maturity for the Deposit Notes and the Market-Linked GICs. Note Securities and Deposit Notes do not constitute deposits that are insured under the Canada Deposit Insurance Corporation Act whereas the Market-Linked GICs are eligible for CDIC coverage, subject to the maximum dollar limit of CDIC coverage and to applicable conditions. An investment in Note Securities, Deposit Notes and Market-Linked GICs is not suitable for all investors and even if suitable, potential investors should consider what part such investment should serve in an overall investment plan. Such investment involves risk factors that are described in the relevant offering documents. Potential investors should refer and read the offering documents.

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