Express Certificate voestalpine Express 13

Bid99.45%
Apr 26, 2024 17:59:59.627 UTC
Ask100.95%
Apr 26, 2024 17:59:59.627 UTC
chg. 1D+0.520 (+0.52%)
Apr 26, 2024 17:59:59.627 UTC
Underlying price (indicative) 25.34 (+1.36%)
Apr 26, 2024 19:59:58.000 UTC
Starting value26.46 Next redemption level26.46 Max. yield p.a. until next observation date18.09%

Name
voestalpine Express 13
ISIN / WKN
AT0000A36G37 / RC1AZ5
Underlying
Underlying price (indicative)
EUR 25.34 (+1.36%)
Apr 26, 2024 19:59:58.000
Starting value
EUR 26.46
Barrier
EUR 15.88
Distance to barrier
37.35%
Observation barrier
on the final valuation date
(early) redemption level
26.46 / 23.81 / 21.17 / 18.52 / 15.88
Distance to next termination level
-4.42%
(early) redemption amount
107.50% / 115.00% / 122.50% / 130.00% / 137.50%
Max. yield until next observation date
6.49%
Max. yield p.a. until next observation date
18.09%
No. of shares
37.79289
About the term

Initial valuation date
Sep 13, 2023
Issue date
Sep 14, 2023
Valuation dates
Sep 12, 2024 / Sep 11, 2025 / Sep 10, 2026 / Sep 10, 2027 / Sep 12, 2028
Final valuation date
Sep 12, 2028
Maturity date
Sep 15, 2028

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.40
Spread (in %)
1.51%
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

The certificate voestalpine Express 13 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 7.5% per year if the share of voestalpine AG quotes on one of the annual valuation days at or above the annually declining termination level. If the share quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation (60 % of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of voestalpine shares is effected.

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