Express Certificate USD Netflix Express 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+0.480 (+0.48%) Bid98.90% Ask100.40% Last updateOct 23, 2020
17:41:09.954
UTC
Underlying price (delayed) 488.28 (+0.63%) Starting value492.99 Next redemption level492.99 Max. yield p.a. until next observation date16.39%

Name
USD Netflix Express
ISIN / WKN
AT0000A2HAQ7 / RC0Y4G
Underlying
Underlying price (delayed)
USD 488.28 (+0.63%)
Oct 23, 2020 20:00:00.503
Starting value
USD 492.99
Barrier
USD 246.50
Distance to barrier
49.52%
Observation barrier
on the final valuation date
(early) redemption level
492.99 / 492.99 / 492.99
Distance to next termination level
-0.96%
(early) redemption amount
112.00% / 124.00% / 136.00%
Max. yield until next observation date
11.55%
Max. yield p.a. until next observation date
16.39%
Tradeable unit/nominal value
USD 1,000
About the term

Initial valuation date
Jul 17, 2020
Issue date
Jul 20, 2020
Valuation dates
Jul 16, 2021 / Jul 18, 2022 / Jul 18, 2023
Final valuation date
Jul 18, 2023
Maturity date
Jul 21, 2023

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
USA
Suited market expectation
sideways, bullish
Spread homogenised
7.39
Spread (in %)
1.52%
Multiplier
-
Product currency
USD
Underlying currency
USD
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
Frankfurt
Description

The certificate USD Netflix Express offers an annual opportunity for early redemption, enabling investors to obtain a yield of 12% per year if the share of Netflix Inc. 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 three 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 Netflix 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 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