Prospectus Supplement for Index Linked Notes
points in time, all as specified in the applicable pricing supplement. No other Index levels or values will be
taken into account. For Notes that are linked to the positive performance of the Index, the return on the
Notes
may be negative and a purchaser of the Notes may lose substantially all of the principal of the Notes,
even if the change in an Index level is positive at certain times during the term of the Notes, as the change
in Index level may be negative on the day it is determined for purposes of calculating the return. For Notes
that are linked to the negative performance of the Index, the reverse scenario would apply and the return
on the Notes may be positive if the change in the level of the Index is negative and may be negative if the
change in the level of the Index is positive. Accordingly depending on the direction of and percentage
change in the level of the Index measured at one or more points in time to one or more subsequent points
in time, as specified in the applicable pricing supplement, the return on the Notes may be negative and a
purchaser of the Notes may lose substantially all of the principal of the Notes. In addition, if the return on
the Notes is based on the performance of more than one Index, the level of one or more Indices could
increase or decrease over the term of the Notes, but be offset or negated by decreases or increases in the
levels of the other Indices, as the case may be.
Any payment due and payable on the Notes on a date that is not a Business Day (as defined below) will be
postponed until the immediately following Business Day, subject to the occurrence of a Market Disruption
Event or an Extraordinary Event.
Principal at Risk Notes
The Notes do not guarantee the repayment of any amount of the principal, subject to the minimum
principal repayment as may be specified in the applicable pricing supplement. The applicable pricing
supplement for the Notes will specify the amount of the principal of the Notes that is "protected", which
amount may be as little as 1% of the principal amount of such Notes. Notes in respect of which the
minimum principal repayment by the Bank will be an amount in excess of 1% of the principal are referred
to as "partially principal protected notes". All other Notes are "non-protected notes", which means that all
but 1% of the principal amount of such Notes will be fully exposed and investors could lose substantially
all of their investment subject to the minimum principal repayment of 1% of the principal amount of such
Notes, or $1.00 per Note. See "Description of the Notes - Principal at Risk" in the Prospectus.
Return of Capital Notes
If specified in the relevant pricing supplement, some or all of the principal of the Notes may be repaid to
purchasers in instalments over the term of the Notes and such Notes are referred to as "return of capital"
Notes or "ROC Notes". Instalment payments of principal made over the term of ROC Notes reduce the
outstanding principal payable at or prior to maturity. ROC Notes may be partially principal protected notes
or non-protected notes, as specified in the applicable pricing supplement.
Special Circumstances
The following terms, conditions and definitions, subject to completion and amendment and as
supplemented or varied as specified in the applicable pricing supplement, will be applicable to index linked
Notes and for greater certainty these provisions regarding special circumstances shall be read with the
necessary modifications to also apply to a Target Index in the same manner in which such provisions apply
to an Index. The applicable pricing supplement in relation to any particular Notes offering may specify
other terms, conditions and definitions which will, to the extent so specified or to the extent inconsistent
with the following conditions, replace or modify the following for the purposes of such Notes.
Determinations of the Calculation Agent
All calculations and determinations in respect of the Notes made by the Calculation Agent will, absent
manifest error, be final and binding on the holders of Notes and will be made in the Calculation Agent's
sole and absolute discretion. In certain circumstances, the Bank will appoint one or more independent
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