The Austrian Stocks Bond is a Guarantee Certificate based on three Austrian blue chips (Erste Group Bank, OMV, voestalpine) with full capital protection at the end of the term. The certificate is suitable for security-oriented investors, who want to make a medium/long-term investment in the main ATX stocks and who expect stable stock price developments.
Payout profile:
The Guarantee Certificate combines the opportunity for an annual interest rate of 4% with 100% capital protection for the invested capital. The annual interest rate is paid out, provided that each of the three underlying shares quotes AT/ABOVE its respective starting value (=closing price of each share at the initial valuation date) at the annual valuation date.
In case the closing price of one share or multiple shares quotes below the respective starting value at the current annual valuation date, the interest payment does not apply for the respective year. However, investors have the opportunity to obtain 4% interest in each of the following years too. This means, investors still have the possibility to profit from positive performances of the Austrian blue chips.
At the end of the term the investment is 100% capital protected by Raiffeisen Centrobank, i.e. during the term price fluctuations may occur, but investors obtain at least 100% of the nominal value at the end of the term.
Key Facts:
- ISIN: AT0000A1L825
- Initial valuation date: June 16, 2016
- Term: 8 years (maturity date: June 18, 2024)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: Austrian Stocks Bond
For more details kindly see the Product Folder (PDF).
For any additional information you may require do not hesitate to contact us on +43 1 515 20-484.
The Team “Structured Products” of Raiffeisen Centrobank
This product, the risks and terms and conditions associated with it, are subject to and governed by the Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
