Express Certificate Banks Express (HUF) 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-1.980 (-3.29%) Bid56.92% Ask59.42% Last updateOct 27, 2020
16:28:47.458
UTC
Underlying price (delayed) 54.64 (-3.27%) Starting value105.24 Next redemption level94.72 Max. yield p.a. until next observation date>100%

Name
Banks Express (HUF)
ISIN / WKN
AT0000A229G4 / RC0QXC
Underlying price (delayed)
EUR 54.64 (-3.27%)
Oct 27, 2020 18:15:13.703
Starting value
EUR 105.24
Barrier
EUR 62.09
Distance to barrier
-
Observation barrier
on the final valuation date
(early) redemption level
105.24 / 99.98 / 94.72 / 89.45 / 84.19
Distance to next termination level
-73.35%
(early) redemption amount
106.50% / 113.00% / 119.50% / 126.00% / 132.50%
Max. yield until next observation date
>100%
Max. yield p.a. until next observation date
>100%
Tradeable unit/nominal value
HUF 10,000
About the term

Initial valuation date
Aug 20, 2018
Issue date
Aug 21, 2018
Valuation dates
Aug 16, 2019 / Aug 18, 2020 / Aug 18, 2021 / Aug 18, 2022 / Aug 17, 2023
Final valuation date
Aug 17, 2023
Maturity date
Aug 22, 2023

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Country / region of underlying
Europe
Suited market expectation
sideways, bullish
Spread homogenised
2.63
Spread (in %)
4.39%
Multiplier
-
Product currency
HUF
Underlying currency
EUR
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
-
Description

The certificate has a pre-defined maximum term. Higher early redemption is made, in case, at any of the valuation dates, the underlying quotes at or above the termination level.

If the underlying quotes below the termination level, the term extends to the next valuation date, with the subsequent termination level being reduced at the same time. At the end of the maximum term, the barrier serves as additional safety mechanism.

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 and Eastern Europe9:15 am - 4:50 pm
  
Products on other international underlyings and commodities
(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