With the Oil Bonus Certificate 30 investors receive the bonus amount of EUR 113 per certificate at the maturity date (June 2017), provided that the settlement price of Brent Crude Oil never touches or undercuts the barrier of 70% during the observation period (daily observation). In case the underlying touches or undercuts the barrier of 70% of the oil price‘s starting value (= settlement price on June 29, 2016) 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 amount remains limited at EUR 113 per certificate and investors do not participate in price increases of oil beyond the cap.
Because of its risk buffer of 30% the Oil Bonus Certificate 30 is a suitable investment for all investors who look for less risk compared to a direct investment and who wish to generate above-average yield even in sideways moving markets.
Key Facts:
- ISIN: AT0000A1LE13
- Initial valuation date: June 29, 2016
- Term: 1 year (Maturity date: June 30, 2017)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: Oil Bonus Certificate 30
For more details kindly see the Product folder.
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
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.
