Food, Beverage and Energy Express - available on secondary market

Food, Beverage and Energy Express - available on secondary market

Opportunity for 5.15% annual yield with 2 european indices at a term of 1 to 5 years and annually declining termination level (step-down)

The Food, Beverage and Energy Express certificate connects the opportunity to generate attractive yield with the possibility for an early redemption. Two european indeices the STOXX® Europe 600 Food & Beverage Price EUR and the STOXX® Europe 600 Oil & Gas Price EUR serves as underlying for the investment product without capital protection. The Express Certificate offers an attractive profit opportunity for those investors who expect the underlyings to quote at or above the annually declining termination level (termination levels see table below) in the upcoming five years.

TERM:

The certificate has a minimum term of 1 year and a maximum term of 5 years. If the closing price of the underlyying indices quotes at or above its respective termination level at one of the annual valuation dates, (early) redemption is effected according to the predefined termination price.

YIELD OPPORTUNITY:

The longer the term is, the higher is the termination price and the lower is the termination level. If both indices quotes below its termination level at the respective annual valuation date, the term extends by another year, the potential termination price rises by 5.15% and the annual terminal level declines by 5 percentage points.

1st year
Termination level: 100% (= starting value)
Termination price: 105.15% of the nominal value
2nd year
Termination level: 95%
Termination price: 110.30% of the nominal value
3rd year
Termination level: 90%
Termination price: 115.45% of the nominal value
4th year
Termination level: 85%
Termination price: 120.60% of the nominal value
5th year
Termination level: 80%
Termination price: 125.75% of the nominal value
 
 

If the indices quotes below the starting value at the annual valuation date, the term extends by another year (up to a maximum term of five years). At the same time, the potential termination price rises by 5.15% of the nominal value annually, while the annual termination level declines by 5 percentage points at the same time. If no early redemption was effected from the first to the fourth year and provided that the underlyings also quotes below the termination level at the fifth and final valuation date, a safety mechanism applies: in case the closing price of the index quotes above the barrier of 60% of the starting value, redemption is effected at 100%. This means, if non of the underlying indices did not decline by 40% or more compared to the starting value by the end of the term, investors obtain the nominal value of EUR 1,000 at the maturity date.

In case the closing price of at least one index quotes at or below the barrier at the end of the term, redemption is effected according to the worst performing indices (percentage change from the starting value to the closing price at the final valuation date).

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: AT0000A285G6
  • Initial valuation date: May 30, 2019
  • Term: min. 0.5 years, max. 4.5 years
  • Listing:
Contact
The Structured Products Team
T: +43151520484
F: +431 513 43 96
E: produkte(at)rcb.at