The certificate 3% Europe Bonus&Safety 3 is based on the well-known EURO STOXX 50® index.
This investment product is suited for investors who expect the European shares benchmark to perform stably in the upcoming three years and who deem price slumps of 61% or more unlikely to occur. The certificate combines fixed interest payments of 3% annually with partial protection for the invested capital. The initial distance to the barrier (safety buffer) is 61%. The certificate has a term of 3 years.
Redemption of the nominal value at the end of the term depends on the performance of the underlying. Redemption is effected at 100% at maturity (April 2025) provided that the EURO STOXX 50® index always quotes above the barrier of 39% of the starting value (= closing price on April 26, 2022) during the observation period.
If the barrier is violated, redemption at the maturity date is effected according to the index performance (percentage index performance from the starting value to the closing price at the final valuation date). Even if the barrier is touched or undercut investors do not participate in price gains above the starting value.
Further information as well as the Key Information Document can be found on the product page.
Details on the EURO STOXX 50® index as well as the current list of index members can be found on the website of the index provider STOXX Ltd.
Bonus Certificates – explained shortly:
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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