Reverse Convertible Bond 5,7% Health Care Aktienanleihe 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+0.750 (+0.76%) Bid99.01% Ask101.01% Last updateJul 06, 2020
15:27:42.047
UTC
BarrierEUR 59.00 StrikeEUR 100.00 Max. return p.a.6.22% Interest rate p.a.5.70%

Name
Reverse Convertible Bond on 5,7% Health Care Aktienanleihe
ISIN / WKN
AT0000A2CQC4 / RC0WXD
Max. return remaining term (%)
10.29%
Max. return p.a.
6.22%
Interest rate total term
-
Fixed interest rate annually
5.70%
Underlying price (delayed)
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 59.00
Distance to strike
8.03%
Distance to barrier
45.74%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Mar 06, 2020
Issue date
Mar 09, 2020
Final valuation date
Mar 04, 2022
Maturity date
Mar 09, 2022

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
Closing Price
Issue price
100.00%
Spread homogenised
2.00
Spread (in %)
2.02%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Description

The 5.7% Health Care Convertible Bond is redeemed at 100% nominal value at the maturity date (March 2022), provided that, during the observation period, the closing price of each of the three underlying shares (Fresenius SE & Co. KGaA, Koninklijke Philips N.V. and Sanofi S.A.) always quoted above the barrier of 59% of the strike (daily observation). The interest amount of 5.7% is paid out annually, regardless of the performance of the underlying shares. In case the barrier is touched or undercut by at least one of the underlying shares and at least one of the underlying shares quotes below its strike at the final valuation date, the predefined amount of the worst performing share will be delivered. If all three underlying shares quote at or above their strike at the final valuation date, the product is redeemed at 100% nominal value despite a barrier event.

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 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
INFORMATION

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


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