Express Certificate Banken Express 3 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-0.350 (-0.40%) Bid85.95% Ask87.95% Last updateNov 20, 2019
16:31:41.483
UTC
Underlying price (delayed) 93.20 (-0.20%) Starting value111.24 Next redemption level111.24 Max. yield p.a. until next observation date60.34%
Name
Banken Express 3
ISIN / WKN
AT0000A219R2 / RC0P9X
Underlying price (delayed)
EUR 93.20 (-0.20%)
Nov 20, 2019 18:47:16.229
Starting value
EUR 111.24
Barrier
EUR 61.18
Distance to barrier
34.35%
Observation barrier
Jun 20, 2023
(early) redemption level
111.24 / 111.24 / 111.24 / 111.24 / 111.24
Distance to next termination level
-19.36%
(early) redemption amount
107.70% / 115.40% / 123.10% / 130.80% / 138.50%
Max. yield until next observation date
31.21%
Max. yield p.a. until next observation date
60.34%
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Jun 21, 2018
Issue date
Jun 22, 2018
Valuation dates
Jun 20, 2019 / Jun 18, 2020 / Jun 18, 2021 / Jun 20, 2022 / Jun 20, 2023
Final valuation date
Jun 20, 2023
Maturity date
Jun 22, 2023
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Country / region of underlying
Europe
Suited market expectation
sideways, bullish
Spread homogenised
2.22
Spread (in %)
2.33%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Description

The Bank Express 3 certificate has a predefined maximum term until Juli 2023 (5 years) and provides the possibility for a yield of 7.7% to 38.5%. The certificate is redeemed at the predefined termination price prior to the maturity date, if the closing price of the underlying EURO STOXX® Banks index quotes at or above the termination level at the respective annual valuation date.

If the index price quotes below the termination level, the term extends to the next valuation date and the possible yield increases by 7.7% of the nominal value. At the end of the term the barrier of 55% of the index' starting value represents an additional safety mechanism. If the index quotes below the barrier at the final valuation date the certificate is redeemed according to the performance of the underlying index.

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