Express Certificate Shell / Total express

Issue price100.00% Redemption price112.40% Issue dateMay 23, 2023 Knock-OutMay 24, 2024

Name
Shell / Total express
ISIN / WKN
AT0000A34CU8 / RC09K7
Underlying
Starting value
EUR 100.00
Barrier
EUR 60.00
Observation barrier
on the final valuation date
(early) redemption level
100.00 / 90.00 / 80.00 / 70.00
Distance to next termination level
23.58%
(early) redemption amount
112.40% / 124.80% / 137.20% / 149.60%
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
May 22, 2023
Issue date
May 23, 2023
Valuation dates
May 21, 2024 / May 21, 2025 / May 21, 2026 / May 20, 2027
Final valuation date
May 20, 2027
Maturity date
May 24, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread (in %)
-
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
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
Stuttgart
Description

The certificate has a pre-defined maximum term. Higher early redemption is made, in case, at any of the valuation dates, the underlying quotes at or above the termination level.

If the underlying quotes below the termination level, the term extends to the next valuation date, with the subsequent termination level being reduced at the same time. At the end of the maximum term, the barrier serves as additional safety mechanism.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com