Reverse Convertible Bond 5,20% Erste Group/Bayer Protect Aktienanleihe 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+0.600 (+0.83%) Bid72.47% Ask73.97% Last updateNov 19, 2019
Barrier- StrikeEUR 100.00 Max. return p.a.>100% Interest rate p.a.5.20%
Reverse Convertible Bond on 5,20% Erste Group/Bayer Protect Aktienanleihe 2 Basiswert
AT0000A1Z809 / RC0NYE
Max. return remaining term (%)
Max. return p.a.
Interest rate total term
Interest rate p.a.
Underlying price (delayed)
Starting value
EUR 100.00
EUR 100.00
Distance to strike
Distance to barrier
Barrier reached
yes (Barrier: EUR 59.00)
No. of shares
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
5.20% on Feb 01, 2019
About the term
Initial valuation date
Jan 31, 2018
Issue date
Feb 01, 2018
Final valuation date
Jan 29, 2020
Maturity date
Feb 03, 2020
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Protect Reverse Convertible Bond
Country / region of underlying
Suited market expectation
sideways, bullish
Observation barrier
Closing Price
Issue price
Spread homogenised
Spread (in %)
Product currency
Underlying currency
Settlement method
Cash settlement / Physical delivery
Capital Gains Tax / Foreign Capital Gains Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Croatia, Romania, Slovenia
Vienna, Frankfurt, Stuttgart

The 5.2% Erste Group / Bayer Protect Reverse Convertible Bond 2 is redeemed at 100% nominal value at the maturity date (February 2020), provided that, during the observation period, the closing price of each of the two underlying shares (Erste Group Bank AG, Bayer AG) always quoted above the barrier of 59% (daily observation). The interest amount of 5,2% is paid out annually, regardless of the performance of the underlying shares.

In case the barrier is touched or undercut by at least one of the two underlying shares, but both underlying shares quote at or above their strike at the final valuation date, the product is redeemed at 100% nominal value.

In case the barrier is touched or undercut by at least one of the underlying shares and at least one of the underlying shares quotes below its strike at the final vauation date, the predefined amount of the worst performing share (percentage performance from the strike to the closing price at the final valuation date) will be delivered. Even if the barrier is touched or undercut, investors do not participate in price increases of the underlyings beyond the strike.

The barrier has been touched by Bayer AG on Nov. 20, 2018

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
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Products on other international underlyings and comm.
(incl. Germany and Switzerland)
9:00 am - 8:00 pm

Monday - Friday
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