Express Certificate OMV Express 7

Bid94.30%
Mar 18, 2024 18:59:59.556 UTC
Ask95.80%
Mar 18, 2024 18:59:59.556 UTC
chg. 1D+0.430 (+0.45%)
Mar 18, 2024 18:59:59.556 UTC
Underlying price (indicative) 41.87 (-0.07%)
Mar 18, 2024 20:57:18.000 UTC
Starting value46.29 Next redemption level46.29 Max. yield p.a. until next observation date70.25%

Name
OMV Express 7
ISIN / WKN
AT0000A2SL57 / RC04JH
Underlying
Underlying price (indicative)
EUR 41.87 (-0.07%)
Mar 18, 2024 20:57:18.000
Starting value
EUR 46.29
Barrier
EUR 27.77
Distance to barrier
33.67%
Observation barrier
on the final valuation date
(early) redemption level
46.29 / 46.29 / 46.29 / 46.29 / 46.29
Distance to next termination level
-10.55%
(early) redemption amount
108.00% / 116.00% / 124.00% / 132.00% / 140.00%
Max. yield until next observation date
29.44%
Max. yield p.a. until next observation date
70.25%
No. of shares
21.60501
About the term

Initial valuation date
Sep 14, 2021
Issue date
Sep 15, 2021
Valuation dates
Sep 13, 2022 / Sep 13, 2023 / Sep 12, 2024 / Sep 11, 2025 / Sep 11, 2026
Final valuation date
Sep 11, 2026
Maturity date
Sep 16, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.69
Spread (in %)
1.59%
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 OMV Express 7 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8% per year if the share of OMV AG quotes at or above its starting value at one of the valuation dates. 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 OMV shares is effected.

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INFORMATION

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