Reverse Convertible Bond 7,5 % Deutschland 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-1.410 (-1.78%) Bid76.99% Ask78.49% Last updateSep 18, 2020
15:36:26.541
UTC
Barrier- StrikeEUR 100.00 Max. return p.a.67.72% Interest rate p.a.7.50%

Name
Reverse Convertible Bond on 7,5 % Deutschland Protect Aktienanleihe
ISIN / WKN
AT0000A277V2 / RC0T38
Max. return remaining term (%)
36.96%
Max. return p.a.
67.72%
Interest rate total term
-
Fixed interest rate annually
7.50%
Underlying price (delayed)
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
-
Distance to strike
-33.75%
Distance to barrier
-
Barrier reached
yes (Barrier: EUR 59.00)
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
7.50% on Apr 30, 2020
About the term

Initial valuation date
Apr 29, 2019
Issue date
Apr 30, 2019
Final valuation date
Apr 27, 2021
Maturity date
Apr 30, 2021

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
Closing Price
Issue price
100.00%
Spread homogenised
1.50
Spread (in %)
1.95%
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Description

The 7.5% Germany Protect Reverse Convertible Bond offers a fixed annual interest rate of 7.5%. At the maturity date (April 2021) the certificate is redeemed at 100% of the nominal value if the daily closing price of each underlying share (BASF SE, Daimler AG, SAP SE) always quoted above the respective barrier of 59% of the starting value during the observation period (daily observation).

In case the barrier is touched or undercut by at least one of the three 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.

In case the barrier is touched or undercut by at least one of the three underlying shares and the closing price of at least one share quotes below its strike at the final valuation date, 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. Even if the barrier is touched or undercut investors do not participate in price increases of the underlyings beyond the starting value.

The barrier has been touched by Daimler AG on March 09, 2020

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