Express Certificate Volkswagen Express 3

Bid102.23%
Apr 26, 2024 17:59:59.488 UTC
Ask103.73%
Apr 26, 2024 17:59:59.488 UTC
chg. 1D+1.050 (+1.03%)
Apr 26, 2024 17:59:59.488 UTC
Underlying price (indicative) 119.92 (+0.69%)
Apr 26, 2024 19:59:51.000 UTC
Starting value122.72 Next redemption level122.72 Max. yield p.a. until next observation date30.27%

Name
Volkswagen Express 3
ISIN / WKN
AT0000A35AA1 / RC093T
Underlying price (indicative)
EUR 119.92 (+0.69%)
Apr 26, 2024 19:59:51.000
Starting value
EUR 122.72
Barrier
EUR 73.63
Distance to barrier
38.60%
Observation barrier
on the final valuation date
(early) redemption level
122.72 / 110.45 / 98.18 / 85.90 / 73.63
Distance to next termination level
-2.33%
(early) redemption amount
110.00% / 120.00% / 130.00% / 140.00% / 150.00%
Max. yield until next observation date
6.04%
Max. yield p.a. until next observation date
30.27%
No. of shares
8.14863
About the term

Initial valuation date
Jul 18, 2023
Issue date
Jul 19, 2023
Valuation dates
Jul 17, 2024 / Jul 17, 2025 / Jul 16, 2026 / Jul 15, 2027 / Jul 14, 2028
Final valuation date
Jul 14, 2028
Maturity date
Jul 19, 2028

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.84
Spread (in %)
1.47%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
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

This certificate provides the opportunity for early redemption each year and enables investors to obtain a yield of 10% per year if the price of the Volkswagen share quotes on one of the annual valuation days 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.

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

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INFORMATION

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