6% Europe Protect Reverse Convertible Bond – available on secondary market 

09.08.2017 09:47

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2 year term, fixed annual interest rate of 6% and barrier being set at 50% of each share

The 6% Europe Protect Reverse Convertible Bond connects two fixed interest payments of 6% with a partial safety mechanism for the invested capital until the barrier. The interest amount is paid out annually, regardless of the performance of the three underlying shares (Airbus SE, ING Groep N.V., Sanofi S.A.).

The certificate is redeemed at 100% of the nominal value at the maturity date (August 2019), provided that the daily closing price of each of the three underlying shares is always above the respective barrier of 50% during the observation period (daily observation).

In case one of the barriers is touched or undercut by the daily closing price of at least one of the underlying shares and at least one of these shares closes below its strike at the final valuation date, the predefined amount of the worst performing share is delivered (percentage performance from the starting value to the closing price at the final valuation date).

Key Facts:

  • ISIN: AT0000A1X218
  • Initial valuation date: Aug 8, 2017
  • Observation period: Aug 9, 2017 – Aug 6, 2019
  • Term: 2 years (maturity date: Aug 9, 2019)
  • Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
  • Listing: Vienna, Frankfurt, Stuttgart

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

The Team Structured Products of Raiffeisen Centrobank



The product described herein is subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority. The Base Prospectus is deposited at Oesterreichische Kontrollbank AG, published on www.rcb.at/SecuritiesProspectus and contains the risks and Terms and Conditions of the product.

Raiffeisen Centrobank AG is subject to supervision by the FMA and the Oesterreichische Nationalbank as well as the ECB, the latter within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).