The USD 1.25% 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 1.25% 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 2% depends on the performance of the underlying index:
Provided that the index closing price of the EURO STOXX 50® quotes AT/ABOVE its starting value at the current annual valuation date, investors obtain the fixed interest rate of 1.25% plus the additional interest rate of 2% (equals USD 32.25 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 1.25% 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: AT0000A1PNA9
- Initial valuation date: Dec 22, 2016
- Term: 5 years (maturity date: Dec 23, 2021)
- Listing: Frankfurt
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.
Additionally, Raiffeisen Centrobank AG is subject to supervision by the European Central Bank (ECB), which ECB undertakes within the Single Supervisory Mechanism (SSM), which consists of the ECB on national responsible authorities (Council Regulation (EU) No 1024/2013).
