With the new Oil Bonus Certificate 24 of Raiffeisen Centrobank investors receive the bonus amount of EUR 110.50 per certificate at the maturity date (May 2015), provided that during the observation period the Brent Crude Oil price never touches or drops below the barrier of 70 % (continuous observation). In case the underlying touches or drops below the barrier of 70 % of the oil price‘s starting value (= settlement price on October 31, 2013) the bonus mechanism will be suspended. In this case redemption at the maturity date is effected according to the performance of the underlying (percentage performance of oil from the starting value to the settlement price at the final valuation date). Even if the bonus mechanism is suspended the maximum payout amounts to EUR 110.50 per certificate (equivalent to 6.9 % p.a.).
Because of its risk buffer the Oil Bonus Certificate 24 of Raiffeisen Centrobank is a suitable investment for all investors who look for a lesser risk compared to a direct investment into oil (conditional safety mechanism) and who wish to generate above-average yield even in sideways moving markets.
Key Facts:
- ISIN: AT0000A12G35
- Initial valuation date: Oct 31, 2013
- Term: 18 months (Maturity date: May 04, 2015)
- Public offer in: Austria, Germany, Hungary, Poland, Czech Republic, Slovakia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: Oil Bonus Certificate 24.
For more details kindly see the product folder.
This product, the risks and terms and conditions associated with it, are subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
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
