Oil Bonus Certificate 33 – available on secondary market

Oil Bonus Certificate 33 – available on secondary market

Opportunity for bonus yield of 14% at maturity with a term of two years and 40% initial safety buffer

Advertisement

In recent months, the demand for oil has increased again significantly due to falling oil inventories and the global economic recovery. The price of oil has also gone up accordingly, almost increasing fourfold from its low in April 2020 to the end of June 2021. OPEC has therefore decided to cautiously increase supply volumes so that 2 million barrels per day more will be produced from August 2021 onwards. Investors who expect the crude oil price to remain at least stable over the next two years can realize their market opinion with the Oil Bonus Certificate 33.

Payout profile:

At the initial valuation date, the official daily settlement price of the next due Brent Crude Oil Future (October 2021), as officially determined by the Intercontinental Exchange, is fixed as starting value and the barrier (60% of the starting value) as well as the bonus level (114% of the starting value) are determined. At the maturity date (August 2023) investors receive the bonus amount of EUR 114 per certificate, provided that the daily settlement price of Brent Crude Oil always quotes above the barrier of 60% of the starting value during the observation period (daily observation).

If the daily settlement price of the next due Brent Crude Oil Future quoted at or below the barrier of 60% of the starting value on at least one day during the observation period, the bonus mechanism is suspended. Redemption at the maturity date is effected according to the performance of the underlying (percentage change from the starting value to the official daily settlement price of the next due Brent Crude Oil Future at the final valuation date). Even if the bonus mechanism is suspended, the maximum amount remains limited at EUR 114 per certificate and investors do not participate in price increases of oil beyond the cap.

This certificate is fully currency hedged, i.e. changes of the EUR/USD exchange rate have no influence on the performance and the redemption of the certificate.

Further information as well as the Key Information Document can be found on the product page.

Bonus Certificates – explained shortly:

Please adjust your cookie settings to allow YouTube videos or start the video here: External link to the video on YouTube

For any additional information you may require do not hesitate to contact us on +43151520484.

The Structured Products Team of Raiffeisen Centrobank

 

 

Back
Previous News
Next News
Key facts:
  • Name: Öl Bonus 33
  • ISIN: AT0000A2S0H7
  • Initial valuation date: Aug 10, 2021
  • Term: 0.5 years
    (Maturity date: Aug 11, 2023)
  • Listing: Vienna, Frankfurt, Stuttgart
Product Page
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.