Protect Reverse Convertible Bonds based on single shares – available on secondary market 

12.10.2017 09:30

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Term of 1.5 years, attractive fixed interest rate at the end of the term and barrier being set at 80% of the strike of the respective share

Protect Reverse Convertible Bonds provide for a fixed interest rate, a pre-defined term as well as fixed strike. These parameters remain unchanged during the term. The interest rate, which is significantly above the market level represents an attractive return for the investor.

Payout Profile:

The fixed interest amount is paid out at the end of the term in any case, regardless of the performance of the underlying share. The redemption of the nominal value at the end of the term depends on the performance of the respective underlying:

As long as the respective underlying always quotes above the initial barrier of 80%, the Reverse Convertible Bond is automatically redeemed at 100% of the nominal value at the maturity date. In case the closing price of the underlying share quotes above the strike at the final valuation date the Reverse Convertible Bond will also be redeemed at 100% of its nominal value.

If the barrier was touched or undercut AND the share‘s closing price quotes below the strike at the final valuation date, the predefined amount of shares per nominal value is delivered (physical delivery).

The four offered Reverse Convertible Bonds are based on one of the following German or Austrian companies (one share per certificate):

Fixed interest at the end of term
Bayer AG AT0000A1XM68                                       7.5%
Raiffeisen Bank International AG         AT0000A1XM35 10.5%
Siemens AG AT0000A1XM50 9.0%
voestalpine AG AT0000A1XM43


Key Facts:

  • Initial valuation date: Oct 11, 2017
  • Term: 1.5 years (Maturity date: Apr 12, 2019)
  • Listing: Frankfurt, Stuttgart, Vienna

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 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).