Reverse Convertible Bond PZU SA 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+31.270 (+3.82%) BidPLN 843.790 AskPLN 853.790 Last updateOct 23, 2020
14:49:52.537
UTC
BarrierPLN 19.24 StrikePLN 27.48 Max. return p.a.11.89% Interest rate p.a.2.83%

Name
Reverse Convertible Bond on PZU SA
ISIN / WKN
AT0000A2J454 / RC0Y68
WSE Ticker
RCRPZU0922
Underlying
Max. return remaining term (%)
23.86%
Max. return p.a.
11.89%
Interest rate total term
5.75%
Fixed interest rate annually
2.83%
Underlying price (delayed)
PLN 22.52 (+2.76%)
Oct 23, 2020 15:23:26.543
Starting value
PLN 27.48
Strike
PLN 27.48
Barrier
PLN 19.24
Distance to strike
-22.00%
Distance to barrier
14.60%
Barrier reached
no
No. of shares
36.39010
Tradeable unit/nominal value
1 unit
About the term

Initial valuation date
Sep 09, 2020
Issue date
Sep 10, 2020
Final valuation date
Sep 16, 2022
Maturity date
Sep 21, 2022

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
Poland
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
1,000.00 PLN
Spread homogenised
0.27
Spread (in %)
1.19%
Multiplier
36.3901
Product currency
PLN
Underlying currency
PLN
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
Warsaw
Description

Protect 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. Protect Reverse Convertible Bonds have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, 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