Express Certificate Österreich Express 3

Bid107.97%
Apr 26, 2024 17:59:59.300 UTC
Ask109.47%
Apr 26, 2024 17:59:59.300 UTC
chg. 1D+0.110 (+0.10%)
Apr 26, 2024 17:59:59.300 UTC
Underlying price (indicative) 3,527.13 (+1.03%)
Apr 26, 2024 17:27:49.000 UTC
Starting value3,184.15 Next redemption level3,184.15 Max. yield p.a. until next observation date-

Name
Österreich Express 3
ISIN / WKN
AT0000A33MZ8 / RC0859
Underlying
Underlying price (indicative)
EUR 3,527.13 (+1.03%)
Apr 26, 2024 17:27:49.000
Starting value
EUR 3,184.15
Barrier
EUR 1,910.49
Distance to barrier
45.83%
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
9.72%
(early) redemption amount
108.00% / 116.00% / 124.00% / 132.00% / 140.00%
Max. yield until next observation date
-1.34%
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 26, 2028

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
47.76
Spread (in %)
1.39%
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.

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