Express Certificate BMW Express 2 The product related information contained herein is exclusively for information purposes only, intended for current investors or in case these products are displayed further to an individual search. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to any of the products described herein.
chg. 1D+0.080 (+0.08%) Bid104.51% Ask106.01% Last updateNov 12, 2019
14:19:02.598
UTC
Underlying price (delayed) 75.28 (+0.35%) Starting value87.5 Next redemption level70.00 Max. yield p.a. until next observation date8.83%
Name
BMW Express 2
ISIN / WKN
AT0000A1Y950 / RC0NGY
Underlying
Underlying price (delayed)
EUR 75.28 (+0.35%)
Nov 12, 2019 14:15:23.680
Starting value
EUR 87.50
Barrier
EUR 52.50
Distance to barrier
30.26%
Observation barrier
Oct 28, 2022
(early) redemption level
87.50 / 78.75 / 70.00 / 61.25 / 52.50
Distance to next termination level
7.02%
(early) redemption amount
105.00% / 110.00% / 115.00% / 120.00% / 125.00%
Max. yield until next observation date
8.48%
Max. yield p.a. until next observation date
8.83%
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Oct 30, 2017
Issue date
Nov 02, 2017
Valuation dates
Oct 30, 2018 / Oct 30, 2019 / Oct 29, 2020 / Oct 28, 2021 / Oct 28, 2022
Final valuation date
Oct 28, 2022
Maturity date
Nov 03, 2022
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.31
Spread (in %)
1.44%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Description

The BMW Express 2 certificate provides the opportunity for early redemption and enables investors to obtain a profit of 5% per year (maximum 25%).

The certificate has a maximum term of 5 years (November 2022). It is redeemed prior to the maturity date, if the closing price of the share of BMW AG quotes at or above the annually declining termination level (100% in the first year, 90% in the second year, 80% in the third etc.) at one of the annual valuation dates.

If the share closing price quotes below the respective termination level at the fixed date the term extends by another year to the next annual valuation date and the possible yield rises by 5%. At the same time the termination level decreases by 10% each year. In the fifth and final year the termination level equals 60% (equal to the barrier) and the termination price is 125%. If the closing price of the share undercuts the barrier at the final valuation date, the investor receives no yield and the predefined amount of BMW shares is delivered.

TRADING HOURS
Products on Austrian underlyings9:15 am - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

 - Turkey, Czech Republic9:00 am - 4:00 pm
 - Russia, Croatia, Ukraine, Kazakhstan9:15 am - 4:30 pm
 - Poland, Hungary, Romania, CEE und Eastern Europe9:15 am - 4:50 pm
  
Products on other international underlyings and comm.
(incl. Germany and Switzerland)
9:00 am - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm


T: +43151520484
F: +431 513 43 96
E: produkte(at)rcb.at