Express Certificate BMW 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.

chg. 1D-0.830 (-0.96%) Bid84.41% Ask86.41% Last updateJul 03, 2020
16:55:02.334
UTC
Underlying price (delayed) 57.18 (-1.51%) Starting value74.15 Next redemption level74.15 Max. yield p.a. until next observation date65.95%

Name
BMW Express 3
ISIN / WKN
AT0000A2BKR7 / RC0WEQ
Underlying
Underlying price (delayed)
EUR 57.18 (-1.51%)
Jul 03, 2020 16:11:42.875
Starting value
EUR 74.15
Barrier
EUR 44.49
Distance to barrier
22.20%
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
-29.67%
(early) redemption amount
109.25% / 118.50% / 127.75% / 137.00% / 146.25%
Max. yield until next observation date
26.43%
Max. yield p.a. until next observation date
65.95%
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, 2024

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
1.48
Spread (in %)
2.37%
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.

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: +431 513 43 96
E: produkte(at)rcb.at