Barrier Fixed Coupon Notes in Canada

Barrier fixed coupon notes pay you a guaranteed coupon on a regular schedule regardless of how the underlying index performs. The coupon is fixed at issuance and never changes. Your principal is protected at maturity as long as the index stays above the downside barrier. If the index breaches the barrier at maturity, you're exposed to losses proportional to the decline.

Return Profile

For illustrative purposes only. Actual returns depend on specific note terms.

How It Works

You receive fixed coupon payments on each scheduled date, regardless of where the index is trading.

The coupon rate is locked in when the note is issued and doesn't change with market conditions.

At maturity, if the index is above the barrier level, you get your full principal back.

If the index is below the barrier at maturity, you suffer a loss proportional to the index decline.

Investor Suitability

Conservative income investors looking for yields above GICs
Low tolerance for price volatility and reinvestment risk
Overweight in fixed income
Medium-term holding period
RRSP, RRIF, RESP, and TFSA eligible

Investment Considerations

Your principal is at risk if the index breaches the barrier at maturity
Barrier protection only applies if you hold to maturity
Payments depend on the issuing bank's creditworthiness
Selling before maturity on the secondary market may result in a loss
Early trading fees may apply
Taxed as interest income outside registered accounts
Not covered by CDIC deposit insurance

Currently Available (7)

RBC Solactive Equal Weight Canada Banks 35 AR Index Fixed 5.82% Securities

7y 5.82% -20%

RBC Solactive Equal Weight Canada Banks 35 AR Index Fixed 6.24% Securities

7y 6.24% -20%

TD Canada Telecommunications 145 AR Index-Linked 2% Coupon Plus Growth Notes

5.0y 2% 0%

TD Canadian Large Cap Diversified Equity Index 265 AR-Linked 1% Coupon Plus Growth Notes

3.5y 1% 0%

TD Canadian Large Cap Diversified Equity Index 265 AR-Linked 1.45% Coupon Plus Growth Notes

5.5y 1.45% 0%

TD Canadian Large Cap Diversified Equity Index 265 AR-Linked 1.25% Coupon Plus Growth Notes

4.5y 1.25% 0%

TD Canada Banks 5% AR Index-Linked 2% Coupon Plus Growth Notes

5y 2% 0%

Other Structure Types

Autocallable Notes Autocallable Coupon Notes Growth Notes Buffer Growth Notes Barrier Coupon Notes Principal Protected Notes

For educational purposes only. Not investment advice. Information may contain errors or omissions. Consult a qualified financial advisor before making investment decisions.