Top Pick Express Certificate Volkswagen Express 4

Bid97.69%
Apr 26, 2024 17:59:59.300 UTC
Ask99.19%
Apr 26, 2024 17:59:59.300 UTC
chg. 1D+0.730 (+0.75%)
Apr 26, 2024 17:59:59.300 UTC
Underlying price (indicative) 119.92 (+0.69%)
Apr 26, 2024 19:59:51.000 UTC
Starting value120.88 Next redemption level120.88 Max. yield p.a. until next observation date10.26%

Name
Volkswagen Express 4
ISIN / WKN
AT0000A3AGF0 / RC1C2A
Underlying price (indicative)
EUR 119.92 (+0.69%)
Apr 26, 2024 19:59:51.000
Starting value
EUR 120.88
Barrier
EUR 72.53
Distance to barrier
39.52%
Observation barrier
on the final valuation date
(early) redemption level
120.88 / 108.79 / 96.70 / 84.62 / 72.53
Distance to next termination level
-0.80%
(early) redemption amount
108.00% / 116.00% / 124.00% / 132.00% / 140.00%
Max. yield until next observation date
8.88%
Max. yield p.a. until next observation date
10.26%
No. of shares
8.27267
About the term

Initial valuation date
Mar 12, 2024
Issue date
Mar 13, 2024
Valuation dates
Mar 11, 2025 / Mar 11, 2026 / Mar 11, 2027 / Mar 09, 2028 / Mar 09, 2029
Final valuation date
Mar 09, 2029
Maturity date
Mar 14, 2029

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
1.81
Spread (in %)
1.54%
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, Liechtenstein, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

With this certificate, you have an annual yield opportunity of 8% as well as the option of early redemption. If the Volkswagen share quotes at or above the respective termination level on one of the annual valuation dates, (early) redemption is affected including interest of 8% per year of term. If the underlying quotes below the barrier at the end of term, shares are delivered; the value of the shares delivered will be significantly lower than the nominal amount of the certificate.

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)

9:00 - 8:00 pm
INFORMATION

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