Reverse Convertible Bond 6,75% Europa 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+0.270 (+0.26%) Bid104.21% Ask105.71% Last updateDec 16, 2019
12:14:12.283
UTC
BarrierEUR 55.00 StrikeEUR 100.00 Max. return p.a.4.35% Interest rate p.a.6.75%
Name
Reverse Convertible Bond on 6,75% Europa Protect Aktienanleihe Basiswert
ISIN / WKN
AT0000A29634 / RC0UZT
Max. return remaining term (%)
7.37%
Max. return p.a.
4.35%
Interest rate total term
-
Fixed interest rate annually
6.75%
Underlying price (delayed)
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 55.00
Distance to strike
0.00%
Distance to barrier
45.00%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Sep 03, 2019
Issue date
Sep 04, 2019
Final valuation date
Sep 02, 2021
Maturity date
Sep 07, 2021
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
-
Suited market expectation
sideways, bullish
Observation barrier
Closing Price
Issue price
100.00%
Spread homogenised
1.50
Spread (in %)
1.44%
Multiplier
-
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

The 6.75% Europe Protect Reverse Convertible Bond is redeemed at 100% nominal value at the maturity date (September 2021), provided that, during the observation period, the closing price of each of the three underlying shares (Airbus SE, ING Groep N.V. and Sanofi S.A.) always quoted above the barrier of 55% of the strike (daily observation). The interest amount of 6.75% 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.

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
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