Reverse Convertible Bond Zalando 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. 1D+0.340 (+0.30%) Bid111.79% Ask112.91% Last updateNov 15, 2019
16:56:41.361
UTC
BarrierEUR 21.00 StrikeEUR 28.00 Max. return p.a.0.13% Interest rate p.a.9.02%
Name
Reverse Convertible Bond on Zalando SE
ISIN / WKN
AT0000A25XF3 / RC0S86
Underlying
Max. return remaining term (%)
0.08%
Max. return p.a.
0.13%
Interest rate total term
13.00%
Interest rate p.a.
9.02%
Underlying price (delayed)
EUR 38.82 (+1.82%)
Nov 15, 2019 16:55:17.098
Starting value
EUR 26.93
Strike
EUR 28.00
Barrier
EUR 21.00
Distance to strike
27.87%
Distance to barrier
45.90%
Barrier reached
no
No. of shares
35.71429
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Jan 11, 2019
Issue date
Jan 14, 2019
Final valuation date
Jun 19, 2020
Maturity date
Jun 23, 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
0.03
Spread (in %)
1.00%
Multiplier
1:0.028
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