USD 7.25% Digital Leaders Protect Reverse Convertible Bond – available on secondary market

USD 7.25% Digital Leaders Protect Reverse Convertible Bond – available on secondary market

2 year term, fixed annual interest rate of 7.25% and a barrier being set at 55% of three US shares: Alphabet Inc. C, Inc. and Apple Inc.

The USD7.25% Austria Protect Reverse Convertible Bond combines twofixed interest payments of 7.25% with a partial safety mechanism for the invested capital down to the barrier of 55%. The interest amount is paid out annually, regardless of the performance of the three underlying shares (Alphabet Inc. C, Inc., Apple Inc.).

The share basket of the Protect Reverse Convertible Bond comprises three heavyweights of the technology industry:

  • Alphabet Inc. is a public holding company and the parent company of Google and several former Google subsidiaries.
  • Inc. is a leading e-commerce and cloud computing company based in Seattle, Washington. It is the largest internet retailer in the world as measured by revenue.
  • Apple Inc. is a multinational technology company that designs, develops and sells consumer electronics, computer software and online services.

The certificate is redeemed at 100% of the nominal value at the maturity date (August 2020), provided that the daily closing price of each of the three underlying shares always quotes above the respective barrier of 55% 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.

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 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 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: AT0000A228Z6
  • Initial valuation date: Aug 17, 2018
  • Term: 1.5 year
    (Maturity date: Aug 20, 2020)
  • Listing: Frankfurt
The Structured Products Team
T: +43151520484
F: +431 513 43 96
E: produkte(at)