Express Certificate Österreich Express 2 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+0.390 (+0.38%) Bid103.54% Ask105.04% Last updateNov 19, 2019
09:21:59.954
UTC
Underlying price (delayed) 3,182.82 (+0.82%) Starting value3,096.82 Next redemption level3,096.82 Max. yield p.a. until next observation date2.50%
Name
Österreich Express 2
ISIN / WKN
AT0000A27FN0 / RC0UAC
Underlying
Underlying price (delayed)
EUR 3,182.82 (+0.82%)
Nov 19, 2019 09:06:58.000
Starting value
EUR 3,096.82
Barrier
EUR 1,858.09
Distance to barrier
41.62%
Observation barrier
May 06, 2024
(early) redemption level
3,096.82 / 3,096.82 / 3,096.82 / 3,096.82 / 3,096.82
Distance to next termination level
2.70%
(early) redemption amount
106.25% / 112.50% / 118.75% / 125.00% / 131.25%
Max. yield until next observation date
1.15%
Max. yield p.a. until next observation date
2.50%
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
May 07, 2019
Issue date
May 08, 2019
Valuation dates
May 06, 2020 / May 06, 2021 / May 05, 2022 / May 04, 2023 / May 06, 2024
Final valuation date
May 06, 2024
Maturity date
May 10, 2024
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
46.45
Spread (in %)
1.45%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no 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 Austria Express 2 certificate offers an annual opportunity for early redemption, enabling investors to obtain a yield of 6.25% per year if the ATX® index quotes at or above its starting value at one of the valuation dates. If the index quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation at the final valuation date, the investor is entirely subject to market risk and redemption is effected in according with the index performance.

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