Turbo Certificate Short Santander Bank Polska SA

Issue price11.98 PLN Redemption price3.68 PLN Issue dateOct 30, 2023 Knock-OutNov 14, 2023

Name
Turbo Certificate Santander Bank Polska SA
ISIN / WKN
AT0000A386P3 / RC1BN3
WSE Ticker
RBITSSABP9
Barrier
-
Barrier reached
yes (Barrier: PLN 490.40)
Strike
PLN 527.43
Leverage
-
Long/ short
Short
Tradeable unit/nominal value
1 unit
Multiplier
0.1
Product currency
PLN
Listing
Warsaw
About the term

Initial valuation date
Oct 27, 2023
Issue date
Oct 30, 2023
Final valuation date
-
Maturity date
open-end

Product classification
Leverage Product with Knock-Out
Security type (Eusipa No.)
Turbo Certificate (2210)
Turbo Certificate Type
Turbo Certificate Short
Country / region of underlying
Poland
Suited market expectation
bearish
Issue price
11.98 PLN
Spread homogenised
-
Spread (in %)
-
Underlying currency
PLN
Settlement method
Cash settlement
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
Description

Turbo Certificates enable investors to participate with a leverage effect in the performance of the underlying. Short Turbo Certificates provide investors with above average profit opportunities in falling markets. If the underlying touches or surpasses the barrier (knock-out level), the Turbo Certificate expires prematurely. The investor may incur a total loss of the invested capital.

Barrier and strike are adjusted on a daily basis. In case the underlying quotes in a currency different to that of the certificate or in case the underlying is a commodity future (roll over), a deviation may occur.

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