10% Coinbase/Block Plus Reverse Convertible Bond – available on secondary market

10% Coinbase/Block Plus Reverse Convertible Bond – available on secondary market

2-year term, fixed interest rate of 10% and a barrier set at 59% of Coinbase Global Inc. and Block, Inc. – observation only at the end of the term!

The 10% Coinbase/Block Plus Reverse Convertible Bond combines a fixed annual interest interest payment of 10% with a partial safety mechanism for the invested capital down to the barrier of 59% (only observed at maturity). The interest amount is paid out, regardless of the performance of the twounderlying shares (Coinbase Global Inc. and Block, Inc.).

The share basket of the Reverse Convertible Bond consists of two underlyings in the financial services sector:

  • Coinbase Global Inc. is a regulated company that specializes in trading, transfer and custody of cryptocurrencies. To the private as well as institutional users, Coinbase‘s platform can offer a wide crypto product range.
  • Block, Inc. formerly known as Square, Inc, is a financial services provider focused on mobile transaction among other things, the company develops point-of-sale software that provides digital receipts, inventory and sales reporting, analytics and feedback.

The certificate is redeemed at 100% of the nominal value at the maturity date (February 2024), provided that the closing price of each of the two underlying shares quote above the barrier of 59% of each respective strike on the final valuation date (observation only at maturity).

If the barrier of 59% of the respective strike is touched or undercut by the closing price of one or both of the underlying shares (Coinbase Global Inc. and Block, Inc.) 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).

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

Reverse Convertible Bonds - explained in an easy way

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For any additional information you may require do not hesitate to contact us on +43 1 515 20-484.

The Structured Products Team of Raiffeisen Centrobank

Key facts:
  • Name: 10 % Coinbase/Block Plus Aktienanleihe
  • ISIN: AT0000A2UWP6
  • Initial valuation date: Feb 10, 2022
  • Term: 0 years
    (Maturity date: Feb 12, 2024)
  • Listing: Vienna, Stuttgart
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.