Reverse Convertible Bond 8 % Immofinanz Plus Aktienanleihe

Bid111.43%
Mar 28, 2024 16:30:03.121 UTC
Ask112.42%
Mar 28, 2024 16:30:03.121 UTC
chg. 1D0.000 (0.00%)
Mar 28, 2024 16:30:03.121 UTC
Underlying price (indicative) 22.58 (-3.01%)
Mar 28, 2024 19:31:08.000 UTC
BarrierEUR 9.10 StrikeEUR 14.00 Max. yield p.a.3.27% Interest rate p.a.8.00%

Name
Reverse Convertible Bond on Immofinanz AG
ISIN / WKN
AT0000A33818 / RC08UP
Underlying
Max. yield remaining term (%)
3.18%
Max. yield p.a.
3.27%
Interest rate total term
-
Fixed interest rate annually
8.00%
Underlying price (indicative)
EUR 22.58 (-3.01%)
Mar 28, 2024 19:31:08.000
Starting value
EUR 14.00
Strike
EUR 14.00
Barrier
EUR 9.10
Distance to strike
37.98%
Distance to barrier
59.69%
Barrier reached
no
No. of shares
71.42857
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Apr 12, 2023
Issue date
Apr 13, 2023
Final valuation date
Apr 09, 2025
Maturity date
Apr 14, 2025

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
100.00%
Spread homogenised
0.01
Spread (in %)
0.89%
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 8% Immofinanz Plus Reverse Convertible Bond is redeemed at 100% of the nominal value at the maturity date (April 2025), provided that the closing price of the Immofinanz AG share quotes above the barrier of 65% of its strike at the end of the term (observation only at the final valuation date). The interest amount of 8% is paid out, regardless of the performance of the underlying share.

In case the underlying share quotes at/below its barrier (65%) at the final valuation date, physical delivery of shares is effected.

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