Reverse Convertible Bond 9,5 % Automobil Plus Aktienanleihe

Bid106.60%
Apr 26, 2024 17:59:59.626 UTC
Ask108.10%
Apr 26, 2024 17:59:59.626 UTC
chg. 1D+0.480 (+0.45%)
Apr 26, 2024 17:59:59.626 UTC
Underlying price (delayed)-
--
BarrierEUR 60.00 StrikeEUR 100.00 Max. yield p.a.10.56% Interest rate p.a.9.50%

Name
Reverse Convertible Bond on Worst of Basket
ISIN / WKN
AT0000A33MF0 / RC0853
Underlying
Max. yield remaining term (%)
10.08%
Max. yield p.a.
10.56%
Interest rate total term
-
Fixed interest rate annually
9.50%
Underlying price (delayed)
- --
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 60.00
Distance to strike
-3.74%
Distance to barrier
37.76%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
May 11, 2023
Issue date
May 12, 2023
Final valuation date
May 07, 2025
Maturity date
May 12, 2025

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 %)
1.41%
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 9.5% Automobile Plus Reverse Convertible Bond is redeemed at 100% of the nominal value at the maturity date (May 2025), provided that the closing price of each of the two underlying shares (BMW AG, Continental AG, Volkswagen 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 9.5% 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