Express Certificate Tesla Express 2

Bid70.68%
Mar 28, 2024 19:00:01.752 UTC
Ask72.68%
Mar 28, 2024 19:00:01.752 UTC
chg. 1D-1.400 (-1.92%)
Mar 28, 2024 19:00:01.752 UTC
Underlying price (indicative) 175.50 (-2.25%)
Mar 28, 2024 20:59:33.000 UTC
Starting value351.58 Next redemption level281.26 Max. yield p.a. until next observation date>100%

Name
Tesla Express 2
ISIN / WKN
AT0000A2TMK0 / RC041L
Underlying
Underlying price (indicative)
USD 175.50 (-2.25%)
Mar 28, 2024 20:59:33.000
Starting value
USD 351.58
Barrier
USD 210.95
Distance to barrier
-
Observation barrier
on the final valuation date
(early) redemption level
351.58 / 316.42 / 281.26 / 246.10 / 210.95
Distance to next termination level
-60.26%
(early) redemption amount
109.50% / 119.00% / 128.50% / 138.00% / 147.50%
Max. yield until next observation date
76.80%
Max. yield p.a. until next observation date
>100%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Nov 16, 2021
Issue date
Nov 17, 2021
Valuation dates
Nov 15, 2022 / Nov 15, 2023 / Nov 14, 2024 / Nov 13, 2025 / Nov 13, 2026
Final valuation date
Nov 13, 2026
Maturity date
Nov 18, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
USA
Suited market expectation
sideways, bullish
Spread homogenised
7.03
Spread (in %)
2.83%
Multiplier
-
Product currency
EUR
Underlying currency
USD
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

The Tesla Express 2 certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 9.5% per year if the price of the Tesla share quotes at or above the annually declining termination level. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk and physical delivery of Tesla shares is effected.

TRADING HOURS

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Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com