6% Technology Protect Reverse Convertible Bond 2 – in subscription

6% Technology Protect Reverse Convertible Bond 2 – in subscription

2 year term, fixed annual interest rate of 6% and a barrier being set at 59% of each share


The 6% Technology Protect Reverse Convertible Bond 2 combines twofixed interest payments of 6% with a partial safety mechanism for the invested capital down to the barrier the barrier of 59%. The interest amount is paid out annually, regardless of the performance of the two underlying shares (Infineon Technologies AG and SAP SE).

The share basket of the Protect Reverse Convertible Bond consists of two leading companies of the European technology sector:

  • The German company Infineon Technologies AG is a worldwide leading supplier of semi­conductors. The company focuses on energy efficiency, mobility and safety.
  • The German SAP SE is the biggest European software development company. It is mainly known for its business software solutions.

The certificate is redeemed at 100% of the nominal value at the maturity date (August 2021), provided that the daily closing price of each of the two underlying shares always quotes above the respective barrier of 59% during the observation period (daily observation).

If one of the barriers is touched or undercut by the daily closing price of at least one of the underlying shares and at least one of these shares closes below its strike at the final valuation date, the predefined amount of the worst performing share is delivered (percentage performance from the starting value to the closing price at the final valuation date).

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 Product Page.

Reverse Convertible Bonds - explained in an easy way

For any additional information you may require do not hesitate to contact us on +43151520484.

The Structured Products Team of Raiffeisen Centrobank

For information on the product and its opportunities and risks - see the approved Base Prospectus (including possible amendments) published at www.rcb.at/en/securitiesprospectus. Additional information can also be found in the Key Information Document and under "Customer Information and Regulatory Issues" at www.rcb.at/en/customerinformation. The approval of the prospectus should not be construed as endorsement of this financial instrument by the authority (FMA). You are about to purchase a product that is not simple and may be difficult to understand. We recommend that you read the prospectus before making an investment decision. The investor bears the credit risk of Raiffeisen Centrobank AG (RCB) when purchasing the financial instrument. The certificate is subject to specific rules that may already be disadvantageous in case of a probable default of RCB (for example, suspension of interest payments) - see www.rcb.at/en/basag. During the term, the value of the financial instrument may fall below the capital protection amount.

Raiffeisen Centrobank is supervised by the FMA and the Oesterreichische Nationalbank and also by the European Central Bank under the Single Supervisory Mechanism (SSM, Council Regulation (EU) No. 1024/2013).




Key facts:
  • ISIN: AT0000A292U3
  • Subscription period: Jul 25, - Aug 21, 2019
  • Initial valuation date: Aug 22, 2019
  • Term: 2 years
    (Maturity date: Aug 24, 2021)
  • Listing: Vienna, Frankfurt, Stuttgart
  • Issue price: 100.00%
The Structured Products Team
T: +43151520484
F: +431 513 43 96
E: produkte(at)rcb.at