Reverse Convertible Bond Lenzing AGSustainable certificate

Bid88.41%
May 10, 2024 15:30:04.105 UTC
Ask-
Sep 15, 2023 15:30:01.176 UTC
chg. 1D-0.970 (-1.09%)
May 10, 2024 15:30:04.105 UTC
Underlying price (indicative) 34.78 (-0.71%)
May 10, 2024 19:53:34.000 UTC
Barrier- StrikeEUR 47.00 Max. yield p.a.- Interest rate p.a.13.49%

Name
Reverse Convertible Bond on Lenzing AG
ISIN / WKN
AT0000A36EZ8 / RC1AY5
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Max. yield remaining term (%)
-
Max. yield p.a.
-
Interest rate total term
16.00%
Fixed interest rate annually
13.49%
Underlying price (indicative)
EUR 34.78 (-0.71%)
May 10, 2024 19:53:34.000
Starting value
EUR 45.10
Strike
EUR 47.00
Barrier
-
Distance to strike
-35.15%
Distance to barrier
-
Barrier reached
yes (Barrier: EUR 37.60)
No. of shares
21.27660
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jul 19, 2023
Issue date
Jul 20, 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 (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
Austria
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.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").

TRADING HOURS

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Products on underlyings of CEE, Eastern Europe and Turkey

 

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9:15 - 4:50 pm

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

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INFORMATION

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E: info(at)raiffeisencertificates.com