Express Certificate Volkswagen Expressz Certifikát (EUR)

Bid98.37%
May 10, 2024 08:57:09.711 UTC
Ask100.37%
May 10, 2024 08:57:09.711 UTC
chg. 1D+0.050 (+0.05%)
May 10, 2024 08:57:09.711 UTC
Underlying price (indicative) 117.75 (+0.02%)
May 10, 2024 08:58:31.000 UTC
Starting value129.5 Next redemption level129.50 Max. yield p.a. until next observation date>100%

Name
Volkswagen Expressz Certifikát (EUR)
ISIN / WKN
AT0000A352M2 / RC09W3
Underlying price (indicative)
EUR 117.75 (+0.02%)
May 10, 2024 08:58:31.000
Starting value
EUR 129.50
Barrier
EUR 77.70
Distance to barrier
34.01%
Observation barrier
on the final valuation date
(early) redemption level
129.50 / 116.55 / 103.60 / 90.65
Distance to next termination level
-9.98%
(early) redemption amount
110.00% / 120.00% / 130.00% / 140.00%
Max. yield until next observation date
9.59%
Max. yield p.a. until next observation date
>100%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jun 12, 2023
Issue date
Jun 13, 2023
Valuation dates
Jun 11, 2024 / Jun 11, 2025 / Jun 11, 2026 / Jun 09, 2027
Final valuation date
Jun 09, 2027
Maturity date
Jun 14, 2027

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
2.59
Spread (in %)
2.03%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
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
Stuttgart
Description

The certificate has a pre-defined maximum term. Higher early redemption is made, in case, at any of the valuation dates, the underlying quotes at or above the termination level.

If the underlying quotes below the termination level, the term extends to the next valuation date, with the subsequent termination level being reduced at the same time. At the end of the maximum term, the barrier serves as additional safety mechanism.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com