Vienna Stock Exchange discontinues the calculation of the RDX index family

Vienna Stock Exchange discontinues the calculation of the RDX index family

Vienna - The Index Committee of the Vienna Stock Exchange decided to discontinue the calculation of all Russian Depositary Indices as of 17 May 2022. These indices refer to Russian shares that were traded outside Russia as Depositary Receipts (DRs). Due to a change in the law in Russia, the Russian companies concerned must delist their respective DRs and discontinue the entire programme, which means that it is no longer possible for the Vienna Stock Exchange to calculate the indices.

Further information (pdf): CEE & CIS Emergency Committee Decision effective as of 17 May 2022

RCB uses these indices as underlyings for certificates. Which RCB certificates are therefore affected by the above measures of the Vienna Stock Exchange? 

What does this mean for certificate holders?

The last calculated value of the underlying indices is given by the Vienna Stock Exchange as zero. Accordingly, the affected RCB certificates are currently without value. However, in the interest of the affected investors, we are endeavouring to find a solution and are currently examining various options.

We will inform in writing here by mid-June 2022.

The Certificates Team of Raiffeisen Centrobank

Key facts:
  • Name: Long RDX® EUR open end
  • ISIN: AT0000340153
  • Initial valuation date: Jun 11, 2002
  • Term: 0 years
    (Maturity date: -)
  • Listing: Vienna, Stuttgart
Key facts:
  • Name: Long RDX® EUR open end
  • ISIN: AT0000481221
  • Initial valuation date: Feb 01, 2005
  • Term: 0 years
    (Maturity date: -)
  • Listing: Vienna, Stuttgart, Warsaw
Key facts:
  • Name: Long RDX® Mining&Metals open end
  • ISIN: AT0000A0GV77
  • Initial valuation date: Jan 20, 2010
  • Term: 0 years
    (Maturity date: -)
  • Listing: Vienna, 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
Certificates Team
T: +43151520484
E: produkte(at)rcb.at