The 4% Europe Bonus&Safety certificate enables investors to obtain a fixed annual interest rate of 4%. The barrier of the Bonus Certificate is set at 49% of the index starting value. This means the distance to the barrier (risk buffer) comes up to 51% at the beginning of the term. Therefore the investment product without capital protection is particularly suitable for those investors who do not believe in price slumps of 51% or more of the benchmark EURO STOXX 50®.
Pay-out profile:
At the maturity date (April 2019) the certificate is redeemed at 100%, provided that the underlying index always quoted above its barrier of 49% of the starting value during the observation period.
In case the barrier has been touched or undercut, redemption is effected according to the performance of the underlying index at the maturity date (percentage 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 increases of the index above the starting value.
Key Facts:
- ISIN: AT0000A1KKD0
- Subscription: Mar 09 – Apr 06, 2016
- Initial valuation date: Apr 07, 2016
- Term: 3 years (maturity date: Apr 08, 2019)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Frankfurt, Vienna, Stuttgart
The issue price amounts to 100% (nominal value EUR 1,000) + 1.5% issue surcharge within the subscription period.
Further information is available at the product page: 4% Europe Bonus&Safety
For more details kindly see the Product Folder (PDF).
For any additional information you may require do not hesitate to contact us on +43 (0)1 515 20-484.
The Team Structured Products of Raiffeisen Centrobank
This product, the risks and terms and conditions associated with it, are subject to and governed by the Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
Additionally, Raiffeisen Centrobank AG is subject to supervision by the European Central Bank (ECB), which ECB undertakes within the Single Supervisory Mechanism (SSM), which consists of the ECB on national responsible authorities (Council Regulation (EU) No 1024/2013).
