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With this certificate investors obtain a fixed interest rate of 0.8% annually. In addition investors participate at 100% in the performance of the STOXX® Global Select Dividend 100 Price EUR index at the end of the term – up to a maximum of +60% compared to the starting value. In the event of a negative index performance capital protection of 100% takes affect at the end of the term.
Payout Profile:
At the initial valuation date the starting value of the STOXX® Global Select Dividend 100 Price EUR index (closing price on July 28, 2022) and the cap (160% of the starting value) are determined. At the end of the term (July 24, 2028) the performance of the index is calculated and one of the following scenarios will occur:
SCENARIO 1) Final value ≥ 160% of the starting value ► Redemption at 160%
If the final value is greater or equal to 160% of the starting value, the certificate will be redeemed on the maturity date at 160% of the nominal value. This also represents the maximum redemption (maximum amount).
e.g. Index +80% ► Redemption: EUR 1,600
SCENARIO 2) Final value ≥ 100% & < 160% of the starting value ► 100% participation
If the final value is greater or equal to 100% but less than 160% of the starting value, certificate will be redeemed on the maturity date according to the performance of the underlying (percentage development from the starting value to the final reference value).
e.g. Index +20% ► Redemption: EUR 1,200
SCENARIO 3) Final value < 100% of the starting value ► Redemption at 100%
If the final value is smaller than 100% of the starting value, the capital protection of 100% applies at maturity.
e.g. Index -30% ► Redemption: EUR 1,000
The fixed interest rate is paid out in any case, regardless of the underlying performance.
The 100% capital protection by Raiffeisen Centrobank AG only applies at the end ot the term, i.e. during the term the certificate price may drop below 100%, but the investor obtains at least 100% of the nominal value at the maturity date.
The issue price amounts to 100% (nominal value EUR 1,000) within the subscription period. Further information as well as the Key Information Document please find on