Reverse Convertible Bond USD 7.5% USA Plus+ Protect Reverse Convertible Bond 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+0.100 (+0.10%) Bid99.98% Ask101.48% Last updateNov 11, 2019
16:50:05.206
UTC
BarrierUSD 59.00 StrikeUSD 100.00 Max. return p.a.- Interest rate p.a.7.50%
Name
Reverse Convertible Bond on Apple, Microsoft, AT&T Basket
ISIN / WKN
AT0000A2AKK4 / RC0VXA
Max. return remaining term (%)
-
Max. return p.a.
-
Interest rate total term
7.50%
Interest rate p.a.
7.50%
Underlying price (delayed)
-
Starting value
USD 100.00
Strike
USD 100.00
Barrier
USD 59.00
Distance to strike
1.48%
Distance to barrier
41.87%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
USD 1,000
About the term
Initial valuation date
Oct 28, 2019
Issue date
Oct 29, 2019
Final valuation date
Oct 25, 2021
Maturity date
Oct 29, 2021
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1220)
Reverse Convertible Bond Type
Protect Reverse Convertible Bond
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
100.00%
Spread homogenised
1.50
Spread (in %)
1.50%
Multiplier
-
Product currency
USD
Underlying currency
USD
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
Frankfurt
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