Turbo Certificate Short Verbund AG

BidEUR 0.840
May 03, 2024 15:30:02.309 UTC
AskEUR 0.860
May 03, 2024 15:30:02.309 UTC
chg. 1D-0.060 (-6.59%)
May 03, 2024 15:30:02.309 UTC
Underlying price (indicative) 73.95 (+0.14%)
May 03, 2024 19:59:59.000 UTC
BarrierEUR 76.16 Barr. Dist. %2.99% Leverage8.60

Name
Turbo Certificate Verbund AG
ISIN / WKN
AT0000A3CNB1 / RC1EA4
Underlying
Underlying price (indicative)
EUR 73.95 (+0.14%)
May 03, 2024 19:59:59.000
Barrier
EUR 76.16
Distance to barrier
EUR 2.21
Distance to barrier
2.99%
Barrier reached
no
Strike
EUR 82.37
Leverage
8.60
Long/ short
Short
Tradeable unit/nominal value
1 unit
Multiplier
0.1
Product currency
EUR
Listing
Vienna, Stuttgart
About the term

Initial valuation date
Apr 16, 2024
Issue date
Apr 17, 2024
Final valuation date
-
Maturity date
open-end

Product classification
Leverage Product with Knock-Out
Security type (Eusipa No.)
Turbo Certificate (2210)
Turbo Certificate Type
Turbo Certificate Short
Underlying
Country / region of underlying
Austria
Suited market expectation
bearish
Issue price
1.22 EUR
Spread homogenised
0.20
Spread (in %)
2.38%
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, Liechtenstein, Romania, Slovenia
Description

Turbo Certificates enable investors to participate with a leverage effect in the performance of the underlying. Short Turbo Certificates provide investors with above average profit opportunities in falling markets. If the underlying touches or surpasses the barrier (knock-out level), the Turbo Certificate expires prematurely. The investor may incur a total loss of the invested capital.

Barrier and strike are adjusted on a daily basis. In case the underlying quotes in a currency different to that of the certificate or in case the underlying is a commodity future (roll over), a deviation may occur.

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