Reverse Convertible Bond 10,5 % Österreich Plus Aktienanleihe

Bid105.25%
Apr 19, 2024 18:00:00.640 UTC
Ask106.75%
Apr 19, 2024 18:00:00.640 UTC
chg. 1D+0.040 (+0.04%)
Apr 19, 2024 18:00:00.640 UTC
Underlying price (delayed)-
--
BarrierEUR 60.00 StrikeEUR 100.00 Max. yield p.a.5.90% Interest rate p.a.10.50%

Name
Reverse Convertible Bond on Worst of Basket
ISIN / WKN
AT0000A311Z0 / RC08A5
Underlying
Max. yield remaining term (%)
3.51%
Max. yield p.a.
5.90%
Interest rate total term
-
Fixed interest rate annually
10.50%
Underlying price (delayed)
- --
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 60.00
Distance to strike
-4.47%
Distance to barrier
37.32%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
10.50% (EUR 105.00) on Nov 25, 2023
About the term

Initial valuation date
Nov 24, 2022
Issue date
Nov 25, 2022
Final valuation date
Nov 20, 2024
Maturity date
Nov 25, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Plus Bonds
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
100.00%
Spread homogenised
1.50
Spread (in %)
1.43%
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

The 10.5% Austria Reverse Convertible Bond is redeemed at 100% of the nominal value at the maturity date (November 2024), provided that the closing price of each of the two underlying shares (Erste Group Bank AG & OMV AG) quotes above the barrier of 60% of the respective strike at the end of the term (observation only at the final valuation date). The interest amount of 10.5% is paid out, regardless of the performance of the underlying shares.

In case at least one of the underlying shares quotes below its barrier (60%) at the final valuation date, the predefined amount of the worst performing share will be delivered.

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