Reverse Convertible Bond Agrana Beteiligungs AG

Bid102.91%
Apr 26, 2024 15:30:03.666 UTC
Ask103.16%
Apr 26, 2024 15:30:03.666 UTC
chg. 1D+0.090 (+0.09%)
Apr 26, 2024 15:30:03.666 UTC
Underlying price (indicative) 13.72 (+1.86%)
Apr 26, 2024 17:14:41.000 UTC
BarrierEUR 9.70 StrikeEUR 13.50 Max. yield p.a.7.54% Interest rate p.a.8.56%

Name
Reverse Convertible Bond on Agrana Beteiligungs AG
ISIN / WKN
AT0000A39Q32 / RC1CH9
Max. yield remaining term (%)
6.82%
Max. yield p.a.
7.54%
Interest rate total term
10.20%
Fixed interest rate annually
8.56%
Underlying price (indicative)
EUR 13.72 (+1.86%)
Apr 26, 2024 17:14:41.000
Starting value
EUR 14.35
Strike
EUR 13.50
Barrier
EUR 9.70
Distance to strike
1.64%
Distance to barrier
29.33%
Barrier reached
no
No. of shares
74.07407
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jan 15, 2024
Issue date
Jan 16, 2024
Final valuation date
Mar 21, 2025
Maturity date
Mar 26, 2025

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
0.00
Spread (in %)
0.24%
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.

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