Reverse Convertible Bond voestalpine AG

Bid88.30%
May 03, 2024 14:12:52.664 UTC
Ask88.55%
May 03, 2024 14:12:52.664 UTC
chg. 1D+0.060 (+0.07%)
May 03, 2024 14:12:52.664 UTC
Underlying price (indicative) 25.62 (-0.97%)
May 03, 2024 14:12:52.000 UTC
Barrier- StrikeEUR 37.00 Max. yield p.a.- Interest rate p.a.15.33%

Name
Reverse Convertible Bond on voestalpine AG
ISIN / WKN
AT0000A33VL9 / RC09BY
Underlying
Max. yield remaining term (%)
37.55%
Max. yield p.a.
-
Interest rate total term
21.80%
Fixed interest rate annually
15.33%
Underlying price (indicative)
EUR 25.62 (-0.97%)
May 03, 2024 14:12:52.000
Starting value
EUR 30.86
Strike
EUR 37.00
Distance to strike
-44.42%
No. of shares
27.02703
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Apr 24, 2023
Issue date
Apr 25, 2023
Final valuation date
Sep 20, 2024
Maturity date
Sep 25, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1220)
Reverse Convertible Bond Type
Reverse Convertible Bond
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Issue price
100.00%
Spread homogenised
0.01
Spread (in %)
0.28%
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 provide a fixed-interest rate above the market level. This interest rate is paid out, regardless of the performance of the underlying. Redemption at the end of the term (100% of the nominal value or shares, or respective amount of money) depends on the underlying price.

Types of Reverse Convertible Bonds are Protect Reverse Convertible Bonds and Plus+ Protect Reverse Convertible Bonds.

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