Reverse Convertible Bond 6 % Bayern Protect Aktienanleihe 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-1.460 (-1.54%) Bid92.54% Ask94.04% Last updateNov 11, 2019
16:44:57.891
UTC
BarrierEUR 59.00 StrikeEUR 100.00 Max. return p.a.18.93% Interest rate p.a.6.00%
Name
Reverse Convertible Bond on 6 % Bayern Protect Aktienanleihe Basiswert
ISIN / WKN
AT0000A21LU6 / RC0QDZ
Max. return remaining term (%)
12.72%
Max. return p.a.
18.93%
Interest rate total term
-
Interest rate p.a.
6.00%
Underlying price (delayed)
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 59.00
Distance to strike
-24.51%
Distance to barrier
26.54%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
6.00% on Jul 22, 2019
About the term
Initial valuation date
Jul 18, 2018
Issue date
Jul 19, 2018
Final valuation date
Jul 16, 2020
Maturity date
Jul 21, 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
100.00%
Spread homogenised
1.50
Spread (in %)
1.62%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / 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 6 % Bayern Protect Reverse Convertible Bond offers a fixed annual interest rate of 6%. At the maturity date (July 2020) the certificate is redeemed at 100% of the nominal value if the daily closing price of each underlying share (Siemens AG, Allianz SE, Infineon Technologies AG) always quoted above the respective barrier of 59% during the observation period (daily observation).

In case the barrier is touched or undercut by at least one of the underlying shares and the daily closing price of all shares is at or above the respective strike at the final valuation date, the product is also redeemed at 100% of the nominal value.

If closing price of at least one share quotes below its strike at the final valuation date after the barrier was hit, the predefined amount of the worst performing share (percentage performance from the starting value to the closing price at the final valuation date) will be 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