Express Certificate voestalpine Express 8 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+1.590 (+1.60%) Bid100.41% Ask101.91% Last updateDec 06, 2019
16:50:13.164
UTC
Underlying price (delayed) 24.68 (+2.49%) Starting value24.58 Next redemption level24.58 Max. yield p.a. until next observation date11.27%
Name
voestalpine Express 8
ISIN / WKN
AT0000A2AZ28 / RC0V14
Underlying
Underlying price (delayed)
EUR 24.68 (+2.49%)
Dec 06, 2019 16:35:19.000
Starting value
EUR 24.58
Barrier
EUR 14.75
Distance to barrier
40.24%
Observation barrier
Nov 25, 2024
(early) redemption level
24.58 / 24.58 / 24.58 / 24.58 / 24.58
Distance to next termination level
0.41%
(early) redemption amount
113.00% / 126.00% / 139.00% / 152.00% / 165.00%
Max. yield until next observation date
10.88%
Max. yield p.a. until next observation date
11.27%
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Nov 26, 2019
Issue date
Nov 27, 2019
Valuation dates
Nov 25, 2020 / Nov 25, 2021 / Nov 24, 2022 / Nov 23, 2023 / Nov 25, 2024
Final valuation date
Nov 25, 2024
Maturity date
Nov 28, 2024
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.37
Spread (in %)
1.49%
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 8 certificate offers an annual opportunity for early redemption, enabling investors to obtain a yield of 13% per year if the share of voestalpine AG quotes at or above its starting value at one of the valuation dates. If the share quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation at the final valuation date, 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