Reverse Convertible Bond 10,5 % Österreich Plus Aktienanleihe 2

Bid93.66%
Apr 18, 2024 17:59:59.093 UTC
Ask95.16%
Apr 18, 2024 17:59:59.093 UTC
chg. 1D+0.080 (+0.08%)
Apr 18, 2024 17:59:59.093 UTC
Underlying price (delayed)-
--
BarrierEUR 60.00 StrikeEUR 100.00 Max. yield p.a.19.38% Interest rate p.a.10.50%

Name
Reverse Convertible Bond on Worst of Basket
ISIN / WKN
AT0000A325W7 / RC08LD
Underlying
Max. yield remaining term (%)
16.12%
Max. yield p.a.
19.38%
Interest rate total term
-
Fixed interest rate annually
10.50%
Underlying price (delayed)
- --
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 60.00
Distance to strike
-40.22%
Distance to barrier
15.87%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
10.50% (EUR 105.00) on Feb 22, 2024
About the term

Initial valuation date
Feb 21, 2023
Issue date
Feb 22, 2023
Final valuation date
Feb 18, 2025
Maturity date
Feb 21, 2025

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Plus Bonds
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
100.00%
Spread homogenised
1.50
Spread (in %)
1.60%
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / 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 10.5% Austria Reverse Convertible Bond 2 is redeemed at 100% of the nominal value at the maturity date (February 2025), provided that the closing price of each of the two underlying shares (Erste Group Bank AG, OMV AG, voestalpine AG) quotes above the barrier of 60% of the respective strike at the end of the term (observation only at the final valuation date). The interest amount of 10.5% is paid out, regardless of the performance of the underlying shares.

In case at least one of the underlying shares quotes below its barrier (60%) at the final valuation date, the predefined amount of the worst performing share will be delivered.

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