USD Nasdaq-100® Twin Win – available on secondary market

USD Nasdaq-100® Twin Win – available on secondary market

Revenue opportunity in both directions, cap at 135% and barrier at 50% of the Nasdaq-100® index

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The Nasdaq-100® is a capitalization-weighted stock index that includes the 100 largest companies listed on the Nasdaq stock exchange (excluding financial companies). Currently, the technology sector has the highest weighting in the index with more than 50%, followed by the service sector (over 20%) and the healthcare sector (over 10%). Due to the overweighting of these growing sectors, the Nasdaq-100® index was able to recover quickly from the coronavirus crisis and the index rose by more than 70% from its year’s low in March to a new all-time high of almost 12,000 points (as of August 26, 2020).

For investors who believe in a continuation of the rally in the next 5 years, but also for those who expect a price correction, Raiffeisen Centrobank issues the USD Nasdaq-100® Twin Win certificate with the chance of a yield on both rising and falling index prices.

Twin-Win Mechanism:

On the initial valuation date, the closing price of the Nasdaq-100® index will be fixed as the starting value and the barrier (50% of the starting value) will be determined. During the observation period, the daily closing prices of the index are compared with the barrier. As long as the index does not close 50% or more below its starting value on any day during the observation period, the payout will be effected at the end of the term according to the "Twin Win" mechanism:

  • Any positive performance of the index up to the cap of +35% 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 index 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 index on the final valuation date is below the cap of 35%, the redemption at maturity is effected according to the index development.

If the closing price of the index at the end of the term is at or above the cap of 135 % despite a previous barrier breach, redemption will be effected at the maximum amount of USD 1,350 per nominal amount. This means, investors do not participate in price increases of the index beyond the cap.

Currency risk:

The certificate USD Nasdaq-100® 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:

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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

Key facts:
  • Name: USD Nasdaq-100® Twin Win
  • ISIN: AT0000A2J4W9
  • Initial valuation date: Oct 08, 2020
  • Term: 1.5 years
    (Maturity date: Oct 09, 2025)
  • Listing: Stuttgart
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.