The 5% Gold/Silver Bonus Certificate qualifies for investors who look for a lesser risk compared to a direct investment and who do not expect the gold OR silver price to nosedive by 38 % or more in the forthcoming three years: The certificate has a term of three years, a fixed coupon of 5 % p.a. and bears no currency risk.
Investors obtain the fixed annual coupon of 5 % p.a. (April 2014, 2015 and 2016) – regardless of the performance of the underlyings.
Redemption at the end of the term (April 2016) depends on the performance of the underlying precious metals: redemption at 100 % provided that both gold AND silver always quote above 62 % of their starting values during the observation period (daily fixing). In case the barrier of the Bonus Certificate is violated by either gold or silver, redemption at the maturity date is effected according to the underlying which performs “worst of“. Even if the barrier is touched or undercut investors do not participate in price gains above the starting values.
Key Facts:
- ISIN: AT0000A0ZPC1
- Initial valuation date: Apr 15, 2013
- Term: 3 years (Maturity date: Apr 18, 2016)
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: 5 % Gold/Silver Bonus
For more details kindly see the product folder.
This product, the risks and terms and conditions associated with it, are subject to and governed by the Base 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 1 515 20-484.
The Team Structured Products of Raiffeisen Centrobank
