USD Apple Twin Win – available on secondary market

USD Apple Twin Win – available on secondary market

Revenue opportunity in both directions. Cap at 150% and Barrier at 58% of the Apple stock

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On the Initial Valuation Date, the closing price of the Apple share will be fixed as the starting value and the barrier (58% of the starting value) will be determined. During the observation period, the daily closing prices of the share are compared with the barrier. As long as the stock does not close 42% or more lower than its starting value on any day, the payout will be effected at the end of the term according to the "Twin Win" mechanism:

  • Any positive performance of the share up to the cap of +50% compared to the starting value is paid out at the end of the term 1:1 in addition to the nominal amount
  • A negative performance of the share down to the barrier will also be converted into profit at the end of the term 1:1 and paid in addition to the nominal amount, given that the barrier was never violated

What happens if the barrier was violated?

If the barrier was touched or undercut at least once during the term and the closing price of the share on the Final Valuation Date is below the cap of 150%, the redemption is effected at maturity in the form of physical delivery of Apple shares.

If the stock rerises at least 50% above the starting value at maturity despite a previous barrier breach, the repayment will be effected at USD 1.500 per nominal value. This means, investors never participate in price increases of the share beyond the cap.

Currency risk

The certificate USD Apple Twin Win quotes in USD. If the cash flows from the certificate are subsequently converted into another currency, additional risks as well as opportunities arise from possible exchange rate fluctuations.

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

Bonus Certificates – explained shortly:

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

The Structured Products Team of Raiffeisen Centrobank

 

Key facts:
  • Name: USD Apple Twin Win
  • ISIN: AT0000A2BSX8
  • Initial valuation date: Jan 08, 2020
  • Term: 1.5 year
    (Maturity date: Jul 10, 2023)
  • Listing: Stuttgart
Disclaimer
This is advertising that does not constitute investment advice, an offer, a recommendation or an invitation to submit an offer. Comprehensive information about the financial instrument and its opportunities and risks - see approved (basis) prospectus (including all supplements), published under www.rcb.at/en/securitiesprospectus. Additional information also in the Key Information Document and under "Customer Information and Regulatory Issues" at www.rcb.at/customerinformation. The approval of the prospectus should not be construed as endorsement of this financial instrument by the authority (FMA). You are about to purchase a product that is not simple and difficult to understand. We recommend that you read the prospectus before making an investment decision. The investor bears the credit risk of Raiffeisen Centrobank AG (RCB) when purchasing the financial instrument. The certificate is subject to specific rules that may already be disadvantageous in case of a probable default of RCB (for example, suspension of interest payments) - see www.rcb.at/en/basag. Certificates issued by RCB are no financial products as defined in the Regulation (EU) 2019/2088.
Contact
The Structured Products Team
T: +43151520484
E: produkte(at)rcb.at