Express Certificate Volkswagen 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.

Bid90.90%
Aug 03, 2021 17:59:59.616 UTC
Ask92.40%
Aug 03, 2021 17:59:59.616 UTC
chg. 1D-0.090 (-0.10%)
Aug 03, 2021 17:59:59.616 UTC
Underlying price (indicative) 205.55 (-0.36%)
Aug 03, 2021 19:59:16.000 UTC
Starting value233.55 Next redemption level233.55 Max. yield p.a. until next observation date27.03%

Name
Volkswagen Express
ISIN / WKN
AT0000A2R903 / RC03RU
Underlying price (indicative)
EUR 205.55 (-0.36%)
Aug 03, 2021 19:59:16.000
Starting value
EUR 233.55
Barrier
EUR 140.13
Distance to barrier
31.83%
Observation barrier
on the final valuation date
(early) redemption level
233.55 / 233.55 / 233.55 / 233.55 / 233.55
Distance to next termination level
-13.62%
(early) redemption amount
113.00% / 126.00% / 139.00% / 152.00% / 165.00%
Max. yield until next observation date
22.29%
Max. yield p.a. until next observation date
27.03%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jun 08, 2021
Issue date
Jun 09, 2021
Valuation dates
Jun 07, 2022 / Jun 07, 2023 / Jun 06, 2024 / Jun 05, 2025 / Jun 05, 2026
Final valuation date
Jun 05, 2026
Maturity date
Jun 10, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
3.50
Spread (in %)
1.65%
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 Volkswagen Express offers an annual opportunity for early redemption, enabling investors to obtain a yield of 13% per year if the preference share of Volkswagen AG 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 (60% of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of Volkswagen AG preference 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 51520-200
E: produkte(at)rcb.at