Reverse Convertible Bond Bank Handlowy 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-3.440 (-0.33%) BidPLN 1,025.450 AskPLN 1,035.450 Last updateFeb 28, 2020
08:42:50.825
UTC
BarrierPLN 36.19 StrikePLN 51.70 Max. return p.a.3.12% Interest rate p.a.4.29%

Name
Reverse Convertible Bond on Bank Handlowy
ISIN / WKN
AT0000A296V2 / RC0UZ1
WSE Ticker
RCRBHW0321
Underlying
Max. return remaining term (%)
3.34%
Max. return p.a.
3.12%
Interest rate total term
7.00%
Fixed interest rate annually
4.29%
Underlying price (delayed)
PLN 52.35 (-2.15%)
Feb 28, 2020 08:49:14.804
Starting value
PLN 51.70
Strike
PLN 51.70
Barrier
PLN 36.19
Distance to strike
1.24%
Distance to barrier
30.87%
Barrier reached
no
No. of shares
19.34236
Tradeable unit/nominal value
1 unit
About the term

Initial valuation date
Aug 21, 2019
Issue date
Aug 07, 2019
Final valuation date
Mar 19, 2021
Maturity date
Mar 24, 2021

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
Poland
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
1,000.00 PLN
Spread homogenised
0.52
Spread (in %)
0.98%
Multiplier
1:0.0517
Product currency
PLN
Underlying currency
PLN
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
Warsaw
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 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