Express Certificate OMV Express 7

Bid99.85%
Apr 19, 2024 18:00:00.359 UTC
Ask101.35%
Apr 19, 2024 18:00:00.359 UTC
chg. 1D-0.830 (-0.82%)
Apr 19, 2024 18:00:00.359 UTC
Underlying price (indicative) 43.80 (-0.86%)
Apr 19, 2024 19:59:50.000 UTC
Starting value46.29 Next redemption level46.29 Max. yield p.a. until next observation date66.15%

Name
OMV Express 7
ISIN / WKN
AT0000A2SL57 / RC04JH
Underlying
Underlying price (indicative)
EUR 43.80 (-0.86%)
Apr 19, 2024 19:59:50.000
Starting value
EUR 46.29
Barrier
EUR 27.77
Distance to barrier
36.60%
Observation barrier
on the final valuation date
(early) redemption level
46.29 / 46.29 / 46.29 / 46.29 / 46.29
Distance to next termination level
-5.67%
(early) redemption amount
108.00% / 116.00% / 124.00% / 132.00% / 140.00%
Max. yield until next observation date
22.35%
Max. yield p.a. until next observation date
66.15%
No. of shares
21.60501
About the term

Initial valuation date
Sep 14, 2021
Issue date
Sep 15, 2021
Valuation dates
Sep 13, 2022 / Sep 13, 2023 / Sep 12, 2024 / Sep 11, 2025 / Sep 11, 2026
Final valuation date
Sep 11, 2026
Maturity date
Sep 16, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.69
Spread (in %)
1.50%
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, Stuttgart
Description

The certificate OMV Express 7 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8% per year if the share of OMV 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 (60 % of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of OMV shares is effected.

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