Reverse Convertible Bond Agrana Beteiligungs AG

Bid104.58%
Mar 28, 2024 16:30:02.730 UTC
Ask104.83%
Mar 28, 2024 16:30:02.730 UTC
chg. 1D+3.140 (+3.09%)
Mar 28, 2024 16:30:02.730 UTC
Underlying price (indicative) 14.05 (+4.66%)
Mar 28, 2024 19:16:51.000 UTC
BarrierEUR 11.30 StrikeEUR 17.50 Max. yield p.a.19.38% Interest rate p.a.10.13%

Name
Reverse Convertible Bond on Agrana Beteiligungs AG
ISIN / WKN
AT0000A33XY8 / RC09CX
Max. yield remaining term (%)
9.13%
Max. yield p.a.
19.38%
Interest rate total term
14.40%
Fixed interest rate annually
10.13%
Underlying price (indicative)
EUR 14.05 (+4.66%)
Mar 28, 2024 19:16:51.000
Starting value
EUR 16.85
Strike
EUR 17.50
Barrier
EUR 11.30
Distance to strike
-24.56%
Distance to barrier
19.57%
Barrier reached
no
No. of shares
57.14286
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Apr 24, 2023
Issue date
Apr 25, 2023
Final valuation date
Sep 20, 2024
Maturity date
Sep 25, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
0.00
Spread (in %)
0.24%
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

Reverse Convertible Bonds with a barrier have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Reverse Convertible Bonds with a barrier have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, the closing price is below the strike, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.

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