Reverse Convertible Bond Zalando SE 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-0.285 (-0.23%) Bid120.86% Ask121.46% Last updateJul 07, 2020
08:33:33.619
UTC
Barrier- StrikeEUR 42.00 Max. return p.a.2.18% Interest rate p.a.13.05%

Name
Reverse Convertible Bond on Zalando SE
ISIN / WKN
AT0000A29FD7 / RC0U3E
Underlying
Max. return remaining term (%)
2.09%
Max. return p.a.
2.18%
Interest rate total term
24.00%
Fixed interest rate annually
13.05%
Underlying price (delayed)
EUR 65.68 (-1.54%)
Jul 07, 2020 08:27:18.678
Starting value
EUR 41.10
Strike
EUR 42.00
Distance to strike
36.05%
No. of shares
23.80952
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Aug 20, 2019
Issue date
Aug 21, 2019
Final valuation date
Jun 18, 2021
Maturity date
Jun 23, 2021

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1220)
Reverse Convertible Bond Type
Reverse Convertible Bond
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Issue price
100.00%
Spread homogenised
0.03
Spread (in %)
0.50%
Multiplier
23.80952
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

Standard 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. Redemption at the end of the term depends on the performance of the underlying. If, at the final valuation date, the underlying closes at or above the strike, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

If 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


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F: +431 513 43 96
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