Express Certificate BMW Express 3Sustainable certificate

Issue price100.00% Redemption price118.50% Issue dateDec 23, 2019 Maturity dateDec 27, 2021

Name
BMW Express 3
ISIN / WKN
AT0000A2BKR7 / RC0WEQ
Underlying
Starting value
EUR 74.15
Barrier
EUR 44.49
Observation barrier
on the final valuation date
(early) redemption level
74.15 / 74.15 / 74.15 / 74.15 / 74.15
Distance to next termination level
1.70%
(early) redemption amount
109.25% / 118.50% / 127.75% / 137.00% / 146.25%
Max. yield until next observation date
-
Max. yield p.a. until next observation date
-
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Dec 20, 2019
Issue date
Dec 23, 2019
Valuation dates
Dec 21, 2020 / Dec 21, 2021 / Dec 21, 2022 / Dec 21, 2023 / Dec 19, 2024
Final valuation date
Dec 19, 2024
Maturity date
Dec 27, 2021

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread (in %)
-
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 BMW Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 9.25% per year if the share of BMW 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 at the final valuation date, the investor is entirely subject to market risk and physical delivery of BMW shares is effected.

This certificates complies with RCB's sustainability standards.

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


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