Express Certificate SAP ExpressSustainable certificate 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.

Bid94.83%
May 20, 2022 17:59:59.571 UTC
Ask96.33%
May 20, 2022 17:59:59.571 UTC
chg. 1D+1.320 (+1.40%)
May 20, 2022 17:59:59.571 UTC
Underlying price (indicative) 91.98 (+2.20%)
May 20, 2022 19:59:57.000 UTC
Starting value103.68 Next redemption level103.68 Max. yield p.a. until next observation date22.47%

Name
SAP Express
ISIN / WKN
AT0000A2D8H7 / RC0W3V
Underlying
Underlying price (indicative)
EUR 91.98 (+2.20%)
May 20, 2022 19:59:57.000
Starting value
EUR 103.68
Barrier
EUR 62.21
Distance to barrier
32.37%
Observation barrier
on the final valuation date
(early) redemption level
103.68 / 103.68 / 103.68 / 103.68
Distance to next termination level
-12.72%
(early) redemption amount
110.00% / 115.00% / 120.00% / 125.00%
Max. yield until next observation date
19.38%
Max. yield p.a. until next observation date
22.47%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Apr 07, 2020
Issue date
Apr 08, 2020
Valuation dates
Apr 06, 2022 / Apr 05, 2023 / Apr 04, 2024 / Apr 04, 2025
Final valuation date
Apr 04, 2025
Maturity date
Apr 09, 2025

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.56
Spread (in %)
1.58%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no 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 certificate SAP Express offers an opportunity for early redemption from the 2nd year, enabling investors to obtain a yield of 5% per year if the share of SAP SE 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 SAP shares is effected.

NOTE: The product brochure for download already contains the current underlying price from March 20th, 2020.

This certificates complies with RCB's sustainability standards.

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


T: +43151520484
F: +431 51520-200
E: produkte(at)rcb.at