Express Certificate Deutsche Telekom 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+0.240 (+0.24%) Bid100.06% Ask101.56% Last updateNov 12, 2019
14:14:23.585
UTC
Underlying price (delayed) 15.36 (+0.18%) Starting value15.36 Next redemption level15.36 Max. yield p.a. until next observation date12.27%
Name
Deutsche Telekom Express 2
ISIN / WKN
AT0000A287J6 / RC0UH1
Underlying price (delayed)
EUR 15.36 (+0.18%)
Nov 12, 2019 14:15:23.680
Starting value
EUR 15.36
Barrier
EUR 9.21
Distance to barrier
40.02%
Observation barrier
Jun 21, 2024
(early) redemption level
15.36 / 15.36 / 15.36 / 15.36 / 15.36
Distance to next termination level
0.04%
(early) redemption amount
109.00% / 118.00% / 127.00% / 136.00% / 145.00%
Max. yield until next observation date
7.33%
Max. yield p.a. until next observation date
12.27%
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Jun 24, 2019
Issue date
Jun 25, 2019
Valuation dates
Jun 23, 2020 / Jun 23, 2021 / Jun 23, 2022 / Jun 22, 2023 / Jun 21, 2024
Final valuation date
Jun 21, 2024
Maturity date
Jun 26, 2024
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
Germany
Suited market expectation
sideways, bullish
Spread homogenised
0.23
Spread (in %)
1.50%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
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 Deutsche Telekom Express 2 certificate provides the annual opportunity for early redemption and enables investors to obtain a profit of 9% per year (maximum 45%).

The certificate has a maximum term of 5 years (until June 2024). It is redeemed prior to the maturity date, if the closing price of the share of Deutsche Telekom AG quotes at or above the termination level (equals the starting value of 100%) at one of the annual valuation dates.

If the share closing price quotes below the termination level at the fixed annual date the term extends by another year to the next annual valuation date and the possible yield rises by 9%. In the fifth and final year the termination price is 145%. If the closing price of the share touches or undercuts the barrier of 60% at the final valuation date, the investor receives no yield and the predefined amount of Deutsche Telekom shares is delivered.

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