Reverse Convertible Bond Vonovia SE 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. 1D0.000 (0.00%) Bid112.32% Ask113.30% Last updateOct 18, 2019
15:36:05.663
UTC
BarrierEUR 33.80 StrikeEUR 45.00 Max. return p.a.- Interest rate p.a.8.39%
Name
Reverse Convertible Bond on Vonovia SE
ISIN / WKN
AT0000A22ZD0 / RC0RJ0
Underlying
Max. return remaining term (%)
-
Max. return p.a.
-
Interest rate total term
13.30%
Interest rate p.a.
8.39%
Underlying price (delayed)
EUR 48.00 (-0.44%)
Oct 18, 2019 15:35:06.000
Starting value
EUR 43.68
Strike
EUR 45.00
Barrier
EUR 33.80
Distance to strike
6.25%
Distance to barrier
29.58%
Barrier reached
no
No. of shares
22.22222
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Aug 22, 2018
Issue date
Aug 23, 2018
Final valuation date
Mar 20, 2020
Maturity date
Mar 24, 2020
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Protect Reverse Convertible Bond
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
0.04
Spread (in %)
0.87%
Multiplier
1:0.045
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

Protect Reverse Convertible Bonds have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Protect Reverse Convertible Bonds have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, the closing price is below the strike, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.

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