Express Certificate Österreich Express 3

Bid-
--
Ask-
--
chg. 1D--
--
Underlying price (delayed)-
--

Name
Österreich Express 3
ISIN / WKN
AT0000A33MZ8 / RC0859
Underlying
Starting value
EUR 3,184.15
Barrier
EUR 1,910.49
Observation barrier
on the final valuation date
(early) redemption level
3,184.15 / 3,184.15 / 3,184.15 / 3,184.15 / 3,184.15
Distance to next termination level
13.49%
(early) redemption amount
108.00% / 116.00% / 124.00% / 132.00% / 140.00%
Max. yield until next observation date
-
Max. yield p.a. until next observation date
-
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
May 23, 2023
Issue date
May 24, 2023
Valuation dates
May 22, 2024 / May 22, 2025 / May 21, 2026 / May 20, 2027 / May 22, 2028
Final valuation date
May 22, 2028
Maturity date
May 27, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread (in %)
-
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

The certificate Austria Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8% per year if the ATX® Index quotes at or above its starting value at one of the valuation dates. If the index quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation at the final valuation date, the investor is entirely subject to market risk.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com