Express Certificate BASF Express

Bid106.99%
Apr 24, 2024 17:59:59.962 UTC
Ask108.49%
Apr 24, 2024 17:59:59.962 UTC
chg. 1D+0.210 (+0.20%)
Apr 24, 2024 17:59:59.962 UTC
Underlying price (indicative) 51.42 (+0.55%)
Apr 24, 2024 19:59:12.000 UTC
Starting value42.66 Next redemption level42.66 Max. yield p.a. until next observation date0.06%

Name
BASF Express
ISIN / WKN
AT0000A34CW4 / RC09K6
Underlying
Underlying price (indicative)
EUR 51.42 (+0.55%)
Apr 24, 2024 19:59:12.000
Starting value
EUR 42.66
Barrier
EUR 25.59
Distance to barrier
50.23%
Observation barrier
on the final valuation date
(early) redemption level
42.66 / 38.39 / 34.12 / 29.86 / 25.59
Distance to next termination level
17.05%
(early) redemption amount
108.50% / 117.00% / 125.50% / 134.00% / 142.50%
Max. yield until next observation date
0.01%
Max. yield p.a. until next observation date
0.06%
No. of shares
23.44391
About the term

Initial valuation date
Jun 20, 2023
Issue date
Jun 21, 2023
Valuation dates
Jun 19, 2024 / Jun 19, 2025 / Jun 18, 2026 / Jun 17, 2027 / Jun 19, 2028
Final valuation date
Jun 19, 2028
Maturity date
Jun 22, 2028

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
0.64
Spread (in %)
1.40%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
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 BASF Express provides the opportunity for early redemption each year and enables investors to obtain a yield of 8.5% per year of term if the price of the BASF share quotes at or above the annually declining termination level on one of the valuation dates. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of five years. In the event of a barrier (60% of the starting value) violation at the end of term, the investor is entirely subject to market risk. In this case, a significant loss of capital is possible.

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INFORMATION

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