7.25% Austria Reverse Convertible Bond – available on secondary market

7.25% Austria Reverse Convertible Bond – available on secondary market

2-year term, annual fixed interest rate of 7.25% and barrier at 59% from Erste Group Bank AG, OMV AG and voestalpine AG

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The 7.25% Austria Reverse Convertible Bond combines two fixed interest payments of 7.25% 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 three underlyings (Erste Group Bank AG, OMV AG and voestalpine AG).

The share basket of the Reverse Convertible Bond consists of three heavyweights of the Austrian economy:

  • Erste Group Bank AG is one of the largest financial services providers in Central- and Eastern Europe. The bank‘s core business lies within in the retail segment specialized on the Central and Eastern European regions.

  • OMV AG is an integrated oil and gas company, active both in the up- and downstream businesses. OMV has a balanced international upstream portfolio while its downstream oil and gas business features a European footprint.

  • In its business segments, voestalpine AG is a globally leading technology group with a unique combination of materials and processing expertise. voestalpine is also the world market leader in complete railway systems as well as in tool steel and special sections.

The certificate is redeemed at 100% of the nominal value at the maturity date (March 2024), provided that the daily closing price of each of the three 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, solely 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).

Further information as well as the Key Information Document please find on Product Page.

Reverse Convertible Bonds - explained in an easy way

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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

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Key facts:
  • Name: 7,25 % Österreich Aktienanleihe
  • ISIN: AT0000A2VDZ3
  • Initial valuation date: Mar 10, 2022
  • Term: 0 years
    (Maturity date: Mar 11, 2024)
  • Listing: Vienna, Stuttgart
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Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.