The 6.2% Germany Protect Reverse Convertible Bond connects twofixed interest payments of 6.2% with a partial safety mechanism for the invested capital until the barrier. The interest amount is paid out annually, regardless of the performance of the three underlying shares (Bayer AG, BMW AG, Siemens AG).
The certificate is redeemed at 100% of the nominal value at the maturity date (May 2019), provided that the daily closing price of each underlying share is always above the respective barrier of 59% during the observation period (daily observation).
In case one of the barriers is touched or undercut by the daily closing price of at least one of the underlying shares and at least one of these shares closes below its strike at the final valuation date, the predefined amount of the worst performing share is delivered (percentage performance from the starting value to the closing price at the final valuation date).
Key Facts:
- ISIN: AT0000A1VG19
- Initial valuation date: May 15, 2017
- Observation period: May 16, 2017 – May 13, 2019
- Term: 2 years (maturity date: May 16, 2019)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
Further information may be obtained from the consultant at your local bank or through our product hotline: +43151520484.
The Team Structured Products of Raiffeisen Centrobank
The product described herein is subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority. The Base Prospectus is deposited at Oesterreichische Kontrollbank AG, published on www.rcb.at/SecuritiesProspectus and contains the risks and Terms and Conditions of the product.
Raiffeisen Centrobank AG is subject to supervision by the FMA and the Oesterreichische Nationalbank as well as the ECB, the latter within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).
