The 4.5% Gold/Silver Bonus Certificate qualifies for investors who expect gold and silver to perform stably or to move sideways during the two-year term and who do not assume a marked decline. The investment product is not capital protected. It yields fixed interest payments, provides for partial protection until the barrier and is currency hedged.
The fixed interest rate of 4.5% is paid out annually, irrespective of the performance of the two underlyings. At the issue date the risk buffer (distance to the barrier) amounts to 35%.
The certificate is redeemed at 100% of the nominal value at the maturity date (March 2018), provided that both gold and silver always quoted above 65% of their starting values (= fixing on March 21, 2016) during the observation period (daily fixing). In case the barrier of the Bonus Certificate is violated by at least one of the underlyings, redemption at the maturity date is effected according to the underlying which performs “worst of“. Even if the barrier is touched or undercut investors do not participate in price gains of the underlyings above the respective starting value.
Key Facts:
- ISIN: AT0000A1K7X8
- Initial valuation date: Mar 21, 2016
- Term: 2 years (maturity date: Mar 22, 2018)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page:4.5% Gold/Silver Bonus
For more details kindly see the Product Folder (PDF).
For any additional information you may require do not hesitate to contact us on +43 (0)1 515 20-484.
The Team Structured Products of Raiffeisen Centrobank
This product, the risks and terms and conditions associated with it, are subject to and governed by the Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
Additionally, Raiffeisen Centrobank AG is subject to supervision by the European Central Bank (ECB), which ECB undertakes within the Single Supervisory Mechanism (SSM), which consists of the ECB on national responsible authorities (Council Regulation (EU) No 1024/2013).
