Express Certificate voestalpine Express 7 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+0.970 (+0.97%) Bid99.75% Ask101.25% Last updateDec 06, 2019
17:39:51.332
UTC
Underlying price (delayed) 24.68 (+2.49%) Starting value24.31 Next redemption level24.31 Max. yield p.a. until next observation date5.88%
Name
voestalpine Express 7
ISIN / WKN
AT0000A2AZ69 / RC0V15
Underlying
Underlying price (delayed)
EUR 24.68 (+2.49%)
Dec 06, 2019 16:35:19.000
Starting value
EUR 24.31
Barrier
EUR 14.59
Distance to barrier
40.90%
Observation barrier
Nov 27, 2024
(early) redemption level
24.31 / 21.88 / 19.45 / 17.02 / 14.59
Distance to next termination level
1.50%
(early) redemption amount
107.00% / 114.00% / 121.00% / 128.00% / 135.00%
Max. yield until next observation date
5.68%
Max. yield p.a. until next observation date
5.88%
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Nov 28, 2019
Issue date
Nov 29, 2019
Valuation dates
Nov 25, 2020 / Nov 25, 2021 / Nov 25, 2022 / Nov 27, 2023 / Nov 27, 2024
Final valuation date
Nov 27, 2024
Maturity date
Dec 02, 2024
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.36
Spread (in %)
1.50%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no 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 voestalpine Express 7 certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 7% per year if the price of the voestalpine share quotes at or above the annually declining termination level. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk and physical delivery of voestalpine shares is effected.

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