Reverse Convertible Bond Daimler AG 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+1.130 (+1.17%) Bid96.34% Ask98.34% Last updateDec 13, 2019
18:57:38.368
UTC
Barrier- StrikeEUR 54.00 Max. return p.a.11.12% Interest rate p.a.9.62%
Name
Reverse Convertible Bond on Daimler AG
ISIN / WKN
AT0000A2B7U4 / RC0V3D
Underlying
Max. return remaining term (%)
17.45%
Max. return p.a.
11.12%
Interest rate total term
15.50%
Fixed interest rate annually
9.62%
Underlying price (delayed)
EUR 50.52 (+1.00%)
Dec 13, 2019 16:55:17.795
Starting value
EUR 53.92
Strike
EUR 54.00
Distance to strike
-6.88%
No. of shares
18.51852
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Nov 12, 2019
Issue date
Nov 13, 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
0.11
Spread (in %)
2.08%
Multiplier
1:0.054
Product currency
EUR
Underlying currency
EUR
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
Vienna, Frankfurt, Stuttgart
Product infos
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 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