Reverse Convertible Bond EuroTeleSites AG

Bid96.52%
Apr 29, 2024 15:30:00.402 UTC
Ask96.77%
Apr 29, 2024 15:30:00.402 UTC
chg. 1D-0.220 (-0.23%)
Apr 29, 2024 15:30:00.402 UTC
Underlying price (delayed) 3.60 (+2.13%)
Apr 29, 2024 15:35:07.040 UTC
BarrierEUR 2.85 StrikeEUR 3.80 Max. yield p.a.12.05% Interest rate p.a.9.39%

Name
Reverse Convertible Bond on EuroTeleSites AG
ISIN / WKN
AT0000A3CND7 / RC1EC3
Max. yield remaining term (%)
17.29%
Max. yield p.a.
12.05%
Interest rate total term
13.50%
Fixed interest rate annually
9.39%
Underlying price (delayed)
EUR 3.60 (+2.13%)
Apr 29, 2024 15:35:07.040
Starting value
EUR 3.47
Strike
EUR 3.80
Barrier
EUR 2.85
Distance to strike
-5.56%
Distance to barrier
20.83%
Barrier reached
no
No. of shares
263.15790
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Apr 16, 2024
Issue date
Apr 17, 2024
Final valuation date
Sep 19, 2025
Maturity date
Sep 24, 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 %)
0.26%
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, Liechtenstein, 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