Express Certificate Porsche Express 3

Bid58.16%
Mar 28, 2024 18:59:59.404 UTC
Ask59.66%
Mar 28, 2024 18:59:59.404 UTC
chg. 1D+0.240 (+0.41%)
Mar 28, 2024 18:59:59.404 UTC
Underlying price (indicative) 49.14 (-0.10%)
Mar 28, 2024 20:59:58.000 UTC
Starting value87.16 Next redemption level87.16 Max. yield p.a. until next observation date>100%

Name
Porsche Express 3
ISIN / WKN
AT0000A2SWJ3 / RC04QF
Underlying price (indicative)
EUR 49.14 (-0.10%)
Mar 28, 2024 20:59:58.000
Starting value
EUR 87.16
Barrier
EUR 52.30
Distance to barrier
-
Observation barrier
on the final valuation date
(early) redemption level
87.16 / 87.16 / 87.16 / 87.16 / 87.16
Distance to next termination level
-77.35%
(early) redemption amount
109.11% / 118.22% / 127.33% / 136.44% / 145.55%
Max. yield until next observation date
>100%
Max. yield p.a. until next observation date
>100%
No. of shares
11.47315
About the term

Initial valuation date
Oct 21, 2021
Issue date
Oct 22, 2021
Valuation dates
Oct 20, 2022 / Oct 19, 2023 / Oct 18, 2024 / Oct 20, 2025 / Oct 20, 2026
Final valuation date
Oct 20, 2026
Maturity date
Oct 23, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.31
Spread (in %)
2.58%
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 Porsche Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 9.11% per year if the share of Porsche Automobil Holding SE 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 Porsche shares is effected.

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