The 4.3% EURO STOXX® / S&P 500® Bonus&Safety Certificate combines fixed interest rates of 4.3% annually with a partial protection for the invested capital. The fixed annual interest rate is paid out in each of the four years, regardless of the performance of the underlying indices. Redemption of the nominal value at the end of the term depends on the performance of the two underlying indices: the distance to the barrier (safety buffer) comes up to 51% at the beginning of the term.
Payout profile:
At the maturity date (July 2019) the certificate is redeemed at 100% provided that, during the observation period, the underlying indices always quote above their barrier of 49% of the respective starting values.
In case the barrier is touched or undercut, redemption at the maturity date is effected according to the underlying which performs "worst of" (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: AT0000A1ESV8
- Initial Valuation Date: Jul 07, 2015
- Term: 4 years (maturity date: Jul 08, 2019)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
The issue price amounts to 100% (nominal value USD 1,000) + 2% issue surcharge within the subscription period.
Further information is available at the product page: 4.3% EURO STOXX 50® / S&P 500® Bonus&Safety
For more details kindly see the Product Folder (PDF).
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.
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
