Europe Express Certificate – available on secondary market

Reach your target by express – opportunity to generate yield between 7 % and 21 % with a maximum term of three years.

The Europe Express Certificate provides for the opportunity of early redemption at 107 % yet after one year in case the EURO STOXX 50® rises or remains unchanged: in case, at the annual valuation date, the closing price of the EURO STOXX 50® quotes at or above the termination level, (early) redemption is effected analogue to the pre-defined termination price. In case the index quotes below the starting value, the term extends by another year - the term of the certificate will be at least one year and not more than three years. The possible payout rises by seven percentage points annually.

The new Europe Express Certificate enables Investors who expect the underlying index to quote at or above the current level in the first, second or at most the third year to generate attractive yield.

The barrier is solely observed at the end of the term: If no (early) redemption at the pre-defined termination price will be effected, the index quote will be compared with the barrier at the final valuation date. If the barrier of 60 % of the starting value (= closing price of the EURO STOXX 50 at August 01, 2013) is violated, redemption is effected equal to the performance of the underlying from the starting value to the closing price at the final valuation date.

Key Facts:

  • ISIN: AT0000A10R18
  • Initial valuation date: Aug 01, 2013
  • Term: max 3 years (Maturity date: Aug 02, 2016)
  • Public offer in: Austria, Germany
  • Listing: Vienna, Stuttgart, Frankfurt

Further information is available at the product page: Europe Express Certificate

For more details kindly see the Product Folder (PDF).

This product, the risks and 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