Reverse Convertible Bond 6% Europa Protect Aktienanleihe 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.
Issue price100.00% Redemption price100.00% Issue dateAug 09, 2017 Maturity dateAug 09, 2019
Name
Reverse Convertible Bond on 6% Europa Protect Aktienanleihe Basiswert
ISIN / WKN
AT0000A1X218 / RC0MW9
Max. return remaining term (%)
-
Max. return p.a.
-
Interest rate total term
-
Interest rate p.a.
6.00%
Underlying price (delayed)
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 50.00
Distance to strike
-52.56%
Distance to barrier
23.72%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
6.00% on Aug 09, 2018
6.00% on Aug 09, 2019
About the term
Initial valuation date
Aug 08, 2017
Issue date
Aug 09, 2017
Final valuation date
Aug 06, 2019
Maturity date
Aug 09, 2019
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Protect Reverse Convertible Bond
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
Closing Price
Issue price
100.00%
Spread homogenised
-
Spread (in %)
-
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Description

The 6% Europe Protect Reverse Convertible Bond offers a fixed annual interest rate of 6%. At the maturity date (August 2019) the certificate is redeemed at 100% of the nominal value, if the daily closing price of each underlying share (Airbus SE, ING Groep N.V., Sanofi S.A.) always quoted above the respectivebarrier of 50% during the observation period (daily observation).

In case the barrier is touched or undercut by at least one of the underlying shares and the daily closing price of all shares is at or above the respective strike at the final valuation date, the product is also redeemed at 100% of the nominal value.

In case the barrier is touched or undercut by at least one of the underlying shares and the closing price of at least one share quotes below its strike at the final valuation date, the predefined amount of the worst performing share (percentage performance from the starting value to the closing price at the final valuation date) will be delivered. Even if the barrier is touched or undercut investors do not participate in price increases of the underlyings beyond the starting value.

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 und Eastern Europe9:15 am - 4:50 pm
  
Products on other international underlyings and comm.
(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