Reverse Convertible Bond 10% Deutschland 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.
chg. 1D+0.090 (+0.15%) Bid60.92% Ask62.42% Last updateSep 20, 2019
15:57:43.786
UTC
Barrier- StrikeEUR 100.00 Max. return p.a.>100% Interest rate p.a.10.00%
Name
Reverse Convertible Bond on 10% Deutschland Protect Aktienanleihe Basiswert
ISIN / WKN
AT0000A20DX9 / RC0PTT
Max. return remaining term (%)
76.23%
Max. return p.a.
>100%
Interest rate total term
-
Interest rate p.a.
10.00%
Underlying price (delayed)
-
Starting value
EUR 100.00
Strike
EUR 100.00
Distance to strike
-89.76%
Distance to barrier
-
Barrier reached
yes (Barrier: EUR 59.00)
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
10.00% on May 13, 2019
About the term
Initial valuation date
May 09, 2018
Issue date
May 11, 2018
Final valuation date
May 06, 2020
Maturity date
May 11, 2020
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
1.50
Spread (in %)
2.46%
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 10% Germany Protect Reverse Convertible Bond offers a fixed annual interest rate of 10%. At the maturity date (May 2020) the certificate is redeemed at 100% of the nominal value if the daily closing price of each underlying share (Commerzbank AG, RWE AG, Volkswagen preference shares) always quoted above the respective barrier of 59% 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.

The barrier has been touched by Commerzbank AG on 17.12.2018

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