Reverse Convertible Bond Immofinanz AGSustainable certificate

Bid106.22%
May 14, 2024 09:40:49.169 UTC
Ask106.71%
May 14, 2024 09:40:49.169 UTC
chg. 1D+0.010 (+0.01%)
May 14, 2024 09:40:49.169 UTC
Underlying price (indicative) 23.78 (-0.52%)
May 14, 2024 09:50:29.000 UTC
BarrierEUR 11.80 StrikeEUR 16.00 Max. yield p.a.3.33% Interest rate p.a.6.03%

Name
Reverse Convertible Bond on Immofinanz AG
ISIN / WKN
AT0000A35326 / RC09W5
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Max. yield remaining term (%)
1.21%
Max. yield p.a.
3.33%
Interest rate total term
8.00%
Fixed interest rate annually
6.03%
Underlying price (indicative)
EUR 23.78 (-0.52%)
May 14, 2024 09:50:29.000
Starting value
EUR 15.26
Strike
EUR 16.00
Barrier
EUR 11.80
Distance to strike
32.70%
Distance to barrier
50.37%
Barrier reached
no
No. of shares
62.50000
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
May 29, 2023
Issue date
May 30, 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
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 %)
0.46%
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.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").

TRADING HOURS

Products on Austrian underlyings

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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