Express Certificate Porsche Express 2 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+1.490 (+1.34%) Bid111.90% Ask113.40% Last updateMar 01, 2021
Underlying price (delayed) 68.57 (+3.25%) Starting value59 Next redemption level59.00 Max. yield p.a. until next observation date7.65%

Porsche Express 2
AT0000A29964 / RC0UZ9
Underlying price (delayed)
EUR 68.57 (+3.25%)
Mar 01, 2021 17:11:19.390
Starting value
EUR 59.00
EUR 29.50
Distance to barrier
Observation barrier
on the final valuation date
(early) redemption level
59.00 / 59.00 / 59.00 / 59.00 / 59.00
Distance to next termination level
(early) redemption amount
109.11% / 118.22% / 127.33% / 136.44% / 145.55%
Max. yield until next observation date
Max. yield p.a. until next observation date
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Sep 24, 2019
Issue date
Sep 25, 2019
Valuation dates
Sep 23, 2020 / Sep 23, 2021 / Sep 22, 2022 / Sep 21, 2023 / Sep 23, 2024
Final valuation date
Sep 23, 2024
Maturity date
Sep 26, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Country / region of underlying
Suited market expectation
sideways, bullish
Spread homogenised
Spread (in %)
Product currency
Underlying currency
Settlement method
Cash settlement / Physical delivery
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Vienna, Frankfurt, Stuttgart

The Porsche Express 2 certificate provides the annual opportunity for early redemption and enables investors to obtain a profit of 9.11% per year (maximum 45.55%).

The certificate has a maximum term of 5 years (until September 2024). It is redeemed prior to the maturity date, if the closing price of the share of Porsche Automobil Holding SE quotes at or above the termination level (equals the starting value of 100%) at one of the annual valuation dates.

If the share closing price quotes below the termination level at the fixed annual date the term extends by another year to the next annual valuation date and the possible yield rises by 9.11%. In the fifth and final year the termination price is 145.55%. If the closing price of the share touches or undercuts the barrier of 50% at the final valuation date, the investor receives no yield and the predefined amount of Porsche Automobil Holding SE shares is delivered.

Products on Austrian underlyings9:15 am - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey


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 - 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

Monday - Friday
8:00 am to 5:30 pm

T: +43151520484
F: +431 513 43 96
E: produkte(at)