The USD 1.5% Europe Bond is a Guarantee Certificate in USD with 100% capital protection at the end of the term. The certificate is suitable for security-oriented investors, who expect the economy of the Eurozone to perform stably in the medium to long-term. The certificate is traded in USD (nominal value and yield).
Payout profile:
The certificate provides investors with the opportunity for an annual interest rate of 3.25%. Investors obtain the fixed annual interest rate of 1.5% at the respective interest rate payout date during the five year term regardless of how the index performs. The annual payout of the additional interest rate of 1.75% depends on the performance of the underlying index:
Provided that the closing price of the EURO STOXX 50® index quotes AT/ABOVE its starting value at the current annual valuation date, investors obtain the fixed interest rate of 1.5% plus the additional interest rate of 1.75% (equals USD 32.50 per USD 1,000 nominal value). Investors have the opportunity to obtain the annual additional interest rate again in the following years of the term.
In case the closing price of the index quotes below the starting value at the current annual valuation date, the additional interest payment does not apply for the respective year and the fixed interest rate amount of 1.5% of the nominal value is paid out. However, investors still have the opportunity to obtain the additional interest rate in each of the following years.
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: AT0000A1U701
- Initial valuation date: Apr 10, 2017
- Term: 5 years (maturity date: Apr 6, 2022)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Frankfurt
For any additional information you may require do not hesitate to contact us on +43151520484.
The Team Structured Products of Raiffeisen Centrobank
The product described herein is subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority. The Base Prospectus is deposited at Oesterreichische Kontrollbank AG, published on www.rcb.at/SecuritiesProspectus and contains the risks and Terms and Conditions of the product.
Raiffeisen Centrobank AG is subject to supervision by the FMA and the Oesterreichische Nationalbank as well as the ECB, the latter within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).
