7.5% Germany Protect Reverse Convertible Bond – available on secondary market

7.5% Germany Protect Reverse Convertible Bond – available on secondary market

2 year term, fixed annual interest rate of 7.5% and a barrier being set at 59% of each share

The 7.5% Germany Protect Reverse Convertible Bond combines twofixed interest payments of 7.5% 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 underlying shares (BASF SE, Daimler AG and SAP SE).

The share basket of the Protect Reverse Convertible Bond consists of three German blue chips:

  • BASF SE is one of the largest chemical companies worldwide. It operates 6 Verbund sites and 355 additional production sites in more than 90 countries.
  • Daimler AG is one of the biggest producers of premium cars and commercial vehicles. Its product range spans from high-quality small cars to large commercial trucks.
  • AP SE is one of the biggest software companies worldwide. It has over 96,000 employees and maintains a presence in 130 countries.

The certificate is redeemed at 100% of the nominal value at the maturity date (April 2021), 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, 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

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).


Key facts:
  • ISIN: AT0000A277V2
  • Initial valuation date: Apr 29, 2019
  • Term: 0.5 years
    (Maturity date: Apr 30, 2021)
  • Listing: Vienna, Frankfurt, Stuttgart
The Structured Products Team
T: +43151520484
F: +431 513 43 96
E: produkte(at)rcb.at