9.5% Automobile Plus Reverse Convertible Bond – in subscription

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9.5% Automobile Plus Reverse Convertible Bond – in subscription

2-year term, fixed interest rate of 9.5% and a barrier set at 60% of BMW, Continental and Volkswagen – observation only at the end of the term!

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The 9.5% Automobile Plus Reverse Convertible Bond combines a fixed annual interest interest payment of 9.5% with a partial safety mechanism for the invested capital down to the barrier of 60% of the respective share base price (active only at the final valuation date). The fixed interest rate is paid out in any case.

The share basket of the Reverse Convertible Bond consists of three underlyings in the automobile sector:

  • BMW is a German car manufacturer, which is mainly active in the premium segment.
  • Continental has developed from a former tire manufacturer into one of the most important automotive suppliers.
  • Volkswagen is the world's largest automaker by sales. The business is divided into the Automotive and Financial Services divisions.

The certificate is redeemed at 100% of the nominal value at the maturity date (May 2025), provided that the final value of each underlying at the final valuation date quotes above the respective barrier of 60% (observation only at maturity). This also represents the maximum amount.

If the final value of at least one underlying quotes at or below its respective barrier of 60%, physical delivery of shares is effected. In this case, only the underlying with the worst performance (percentage development from the starting value of each share to the closing price on the final valuation day) is delivered.

Further information as well as the Key Information Document please find on the Product Detail Page.

For any additional information you may require do not hesitate to contact us on +43 1 71707 5454.

The Raiffeisen Certificates Team

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Key facts:
  • Name: 9,5 % Automobil Plus Aktienanleihe
  • ISIN: AT0000A33MF0
  • Initial valuation date: May 11, 2023
  • Term: 1 year
    (Maturity date: May 12, 2025)
  • Listing: Vienna, Stuttgart
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Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.