Reverse Convertible Bond Bayer AG

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Name
Reverse Convertible Bond on Bayer AG
ISIN / WKN
AT0000A2VNW9 / RC05X1
Underlying
Max. yield remaining term (%)
-
Max. yield p.a.
-
Interest rate total term
14.50%
Fixed interest rate annually
7.97%
Starting value
EUR 52.95
Strike
EUR 58.00
Barrier
-
Distance to strike
-103.76%
Barrier reached
yes (Barrier: EUR 40.60)
No. of shares
17.24138
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
14.50% (EUR 145.00) on Dec 20, 2023
About the term

Initial valuation date
Feb 23, 2022
Issue date
Feb 24, 2022
Final valuation date
Dec 15, 2023
Maturity date
Dec 20, 2023

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
-
Spread (in %)
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

Reverse Convertible Bonds with a barrier have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Reverse Convertible Bonds with a barrier have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, the closing price is below the strike, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

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