Reverse Convertible Bond 5,75 % Öl & Gas 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+1.540 (+3.18%) Bid49.01% Ask51.01% Last updateAug 04, 2020
15:30:41.574
UTC
Barrier- StrikeEUR 100.00 Max. return p.a.>100% Interest rate p.a.5.75%

Name
Reverse Convertible Bond on 5,75 % Öl & Gas Protect Aktienanleihe Basiswert
ISIN / WKN
AT0000A28FE7 / RC0UJX
Max. return remaining term (%)
>100%
Max. return p.a.
>100%
Interest rate total term
-
Fixed interest rate annually
5.75%
Underlying price (delayed)
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
-
Distance to strike
-110.89%
Distance to barrier
-
Barrier reached
yes (Barrier: EUR 59.00)
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
5.75% on Jul 20, 2020
About the term

Initial valuation date
Jul 18, 2019
Issue date
Jul 19, 2019
Final valuation date
Jul 14, 2021
Maturity date
Jul 19, 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
2.00
Spread (in %)
4.08%
Multiplier
-
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 5.75% Oil & Gas Protect Reverse Convertible Bond is redeemed at 100% nominal value at the maturity date (July 2021), provided that, during the observation period, the closing price of each of the three underlying shares (OMV AG, Royal Dutch Shell PLC and Total S.A.) always quoted above the barrier of 59% of the strike (daily observation). The interest amount of 5.75% is paid out annually, regardless of the performance of the underlying shares.

In case the barrier is touched or undercut by at least one of the underlying shares and at least one of the underlying shares quotes below its strike at the final valuation date, the predefined amount of the worst performing share will be delivered. If all three underlying shares quote at or above their strike at the final valuation date, the product is redeemed at 100% nominal value despite a barrier event.

The barrier has been touched by Royal Dutch Shell PLC 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