Express Certificate Porsche Express 3 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.

Bid83.72%
Nov 30, 2021 18:59:59.810 UTC
Ask85.22%
Nov 30, 2021 18:59:59.810 UTC
chg. 1D-1.030 (-1.20%)
Nov 30, 2021 18:59:59.810 UTC
Underlying price (indicative) 74.40 (-1.72%)
Nov 30, 2021 20:59:36.000 UTC
Starting value87.16 Next redemption level87.16 Max. yield p.a. until next observation date32.21%

Name
Porsche Express 3
ISIN / WKN
AT0000A2SWJ3 / RC04QF
Underlying price (indicative)
EUR 74.40 (-1.72%)
Nov 30, 2021 20:59:36.000
Starting value
EUR 87.16
Barrier
EUR 52.30
Distance to barrier
29.71%
Observation barrier
on the final valuation date
(early) redemption level
87.16 / 87.16 / 87.16 / 87.16 / 87.16
Distance to next termination level
-17.15%
(early) redemption amount
109.11% / 118.22% / 127.33% / 136.44% / 145.55%
Max. yield until next observation date
28.03%
Max. yield p.a. until next observation date
32.21%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Oct 21, 2021
Issue date
Oct 22, 2021
Valuation dates
Oct 20, 2022 / Oct 19, 2023 / Oct 18, 2024 / Oct 20, 2025 / Oct 20, 2026
Final valuation date
Oct 20, 2026
Maturity date
Oct 23, 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
1.31
Spread (in %)
1.79%
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 Porsche Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 9.11% per year if the share of Porsche Automobil Holding 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 (60% of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of Porsche 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