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 (safety 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® Banks.
At the maturity date (August 2023) 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.
Bonus Certificates – simply explained:
For any additional information you may require do not hesitate to contact us on +43151520484.
The Structured Products Team of Raiffeisen Centrobank