The Banks Bonus&Safety certificate offers an attractive bonus yield of 30% with a comfortable partial protection for the invested capital. For investors, who expect a stabilization of the European financial industry and who reckon price slumps of the EURO STOXX® Banks index of 55% or more during the next five years as unlikely, the Bonus Certificate represents a suitable investment product without capital protection, but with a substantial risk buffer.
Payout Profile:
The certificate is redeemed at 130% of the nominal value at the maturity date (December 2019), provided that, during the observation period, the underlying index always quotes above the barrier of 45% of the index’ starting value.
In case the barrier is touched or undercut even once, redemption at the maturity date is effected according to the performance of the EURO STOXX® Banks (percentage performance from the starting value to the closing price at the final valuation date). Even if the bonus mechanism is suspended, the maximum payout remains limited at EUR 1,300 per nominal value and investors do not participate in price increases of the index beyond the cap.
Key Facts:
- ISIN: AT0000A1AKM2
- Initial valuation date: Dec 11, 2014
- Term: 5 years (Maturity date: Dec 12, 2019)
- Public offer in: Austria, Czech Republic, Germany, Hungary, Italy, Poland, Romania, Slovakia, Slovenia, Croatia
- Listing: Frankfurt, Stuttgart, Vienna
Further information is available at the product page: Banks Bonus&Safety
For more details kindly see the Product Folder (PDF).
This product, the risks as well as 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
