3.5 % S&P 500® Reverse Bonus – available on secondary market

3.5 % S&P 500® Reverse Bonus – available on secondary market

5 year term, fixed annual interest rate of 3.5% and barrier being set at 135% of the S&P 500® Index

The US-American stock market recorded substantial price gains in the past years. In January 2018 the US benchmark index S&P 500® reached an all-time high of 2,873.87. Yet, fluctuations on the stock market are always possible, as the volatile movements in February showed.

For investors, who consider an upward trend on the US-American stock market to be unlikely, the 3.5% S&P 500® Reverse Bonus certificate issued by Raiffeisen Centrobank AG might represent an interesting investment opportunity.

3.5% fixed annual interest rate

The payment of the annual interest amount of 3.5% is effeced, regardless of the performance of the underlying S&P 500® index. This equals fixed interest payments of 5 times 3.5% per nominal value.

Redemption of the nominal value:

  • Scenario 1: Index always quotes BELOW the barrier
    If the S&P 500® index always quotes below the barrier of 135% during the observation period, the certificate is redeemed at 100%.
  • Scenario 2: Index quotes at least once AT/ABOVE the barrier
    If the S&P 500® touches or exceeds the barrier of 135% of the starting value during the observation period, redemption at the maturity date is effected according to the inverse index performance. If the barrier was touched during the term, but the index quotes below the starting value at the end of the term, the maximum amount remains limited at EUR 1,000 per nominal value.

The issue price amounts to 100 % (nominal value EUR 1,000) within the subscription period. Further information as well as the Key Information Document please find on the Product Page.

For any additional information you may require do not hesitate to contact us on +43151520484.

The Structured Products Team 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 (FMA). The Base Prospectus has been deposited at the Oesterreichische Kontrollbank AG, published at www.rcb.at/securitiesprospectus and contains the risks and terms and conditions of the product.

Additional information may also be obtained from the key information document of the product published at www.rcb.at. Raiffeisen Centrobank AG is subject to supervision by the FMA and the Austrian National Bank as well as the European Central Bank within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).

Key facts:
  • ISIN: AT0000A21AV7
  • Initial valuation date: Jun 27, 2018
  • Term: 3 years
    (Maturity date: Jun 28, 2023)
  • Listing: Vienna, Frankfurt, Stuttgart
The Structured Products Team
T: +43151520484
F: +431 513 43 96
E: produkte(at)rcb.at