Reverse Convertible Bond adidas 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-0.465 (-0.44%) Bid105.68% Ask106.21% Last updateJun 19, 2020
17:58:02.938
UTC
Barrier- StrikeEUR 225.00 Max. return p.a.14.69% Interest rate p.a.22.70%

Name
Reverse Convertible Bond on adidas AG
ISIN / WKN
AT0000A2GT61 / RC0Y1Y
Underlying
Max. return remaining term (%)
6.39%
Max. return p.a.
14.69%
Interest rate total term
13.00%
Fixed interest rate annually
22.70%
Underlying price (delayed)
EUR 235.25 (+0.02%)
Jul 10, 2020 15:56:04.721
Starting value
EUR 233.00
Strike
EUR 225.00
Distance to strike
4.36%
No. of shares
4.44444
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
May 27, 2020
Issue date
May 28, 2020
Final valuation date
Dec 18, 2020
Maturity date
Dec 23, 2020

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
0.12
Spread (in %)
0.50%
Multiplier
4.44444
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

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 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: +431 513 43 96
E: produkte(at)rcb.at