Reverse Convertible Bond Volkswagen AG Vorzüge 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-0.110 (-0.10%) Bid104.73% Ask106.73% Last updateOct 17, 2019
16:01:57.308
UTC
BarrierEUR 124.00 StrikeEUR 165.00 Max. return p.a.5.73% Interest rate p.a.9.55%
Name
Reverse Convertible Bond on Volkswagen AG Vorzüge
ISIN / WKN
AT0000A28RF9 / RC0UMY
Max. return remaining term (%)
6.81%
Max. return p.a.
5.73%
Interest rate total term
14.00%
Interest rate p.a.
9.55%
Underlying price (delayed)
EUR 170.44 (+0.39%)
Oct 17, 2019 16:43:15.309
Starting value
EUR 154.64
Strike
EUR 165.00
Barrier
EUR 124.00
Distance to strike
3.19%
Distance to barrier
27.25%
Barrier reached
no
No. of shares
6.06061
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Jul 04, 2019
Issue date
Jul 05, 2019
Final valuation date
Dec 18, 2020
Maturity date
Dec 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
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
0.33
Spread (in %)
1.91%
Multiplier
1:0.165
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