The certificate 3% EURO STOXX 50®/S&P 500® Bonus&Safety 2 qualifies for investors who expect the economy to perform stably in the forthcoming five years, and who deem price slumps on the stock markets of the Eurozone and the US of 61% or more particularly unlikely to occur. The certificate is an investment product without capital protection, which provides attractive annual fixed interest rates and a risk buffer of 61% for the five year term.
The fixed interest rate of 3% is paid out annually, irrespective of the performance of the underlying indices. At the issue date the risk buffer (distance to the barrier) amounts to 61%.
The certificate is redeemed at 100% of the nominal value at the maturity date (October 2021), provided that the index prices of the EURO STOXX 50® AND the S&P500® always quote above 39% of the respective index starting value (=closing price on October 07, 2016) during the observation period. In case the barrier of the certificate is violated by at least one of the underlying indices, redemption at the maturity date is effected according to the underlying which performs worst of. Even if the barrier is touched or undercut investors do not participate in price gains above the starting value.
Key Facts:
- ISIN: AT0000A1NEZ0
- Initial valuation date: Oct 07, 2016
- Term: 5 years (maturity date: Oct 12, 2021)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Stuttgart, Frankfurt
Further information is available at the product page: 3% EURO STOXX 50®/S&P 500® Bonus&Safety 2
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.
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).
