The 5.75% European Industries Bonus connects two fixed interest payments of 5.75% with a partial safety mechanism for the invested capital. The interest amount is paid out annually, regardless of the performance of the three underlying indices.
Three European indices serve as underlying for the Bonus Certificate:
- The STOXX® Europe 600 Automobiles & Parts Index comprises 16 leading automotive manufacturers and suppliers from the eurozone and serves as a benchmark for the European automotive industry.
- The STOXX® Europe 600 Basic Resources index tracks the performance of the stocks of 19 European companies focusing on extraction and processing of basic resources (raw materials).
- The STOXX® Europe 600 Insurance Index tracks the performance of the stocks of 35 leading European insurance companies.
The certificate is redeemed at 100% of the nominal value at the maturity date (May 2021), provided that the price of each of the three underlying indices always quotes above the respective barrier of 59% of the starting valueduring the observation period (continuous observation).
In case the barrier of 59% of the respective starting value was touched or undercut by one or multiple underlying indices payout at the maturity date is effected according to the worst performing index (percentage performance from the starting value to the closing price at the final valuation date) - “worst of“.
The issue price amounts to 100 % (nominal value EUR 1,000) within the subscription period. Further information as well as the Key Information Document please find on the Product Page.
For any additional information you may require do not hesitate to contact us on +43151520484.
The Structured Products Team of Raiffeisen Centrobank
The product described herein is subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority (FMA). The Base Prospectus has been deposited at the Oesterreichische Kontrollbank AG, published at www.rcb.at/securitiesprospectus and contains the risks and terms and conditions of the product.
Additional information may also be obtained from the key information document of the product published at www.rcb.at. Raiffeisen Centrobank AG is subject to supervision by the FMA and the Austrian National Bank as well as the European Central Bank within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).