The 5.5% Oil Shares Bonus Certificate provides for a fixed interest rate of 5.5% annually with a partial safety mechanism for the invested capital. Each year (term of two years) the annual interest amount is paid out, regardless of how the three underlying “oil shares” (Eni, Total and Royal Dutch Shell) perform. The redemption of the nominal value at the end of the term depends on the performance of the three shares.
Payout Profile:
The certificate is redeemed at 100% nominal value at the maturity date (October 2016), provided that, during the observation period, the price of each of the three underlying shares always quoted above the barrier of 60% (continuous observation).
In case the barrier is touched or undercut by at least one of the underlying shares, 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 above the respective starting value.
Key Facts:
- ISIN: AT0000A19LT2
- Initial valuation date: Oct 13, 2014
- Term: 2 years (maturity date: Oct 14, 2016)
- 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: 5.5% Oil Shares Bonus
For more details kindly see the Product Folder (PDF).
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.
For any additional information you may require do not hesitate to contact us on +43 1 515 20-484.
The Team “Structured Products” of Raiffeisen Centrobank
