The 10% Health Care Protect Reverse Convertible Bond connects a fixed interest rate of 10% with a partial safety mechanism for the invested capital until the barrier. The interest amount is paid out at the maturity date, regardless of how the three underlying shares (Bayer, Fresenius SE, Merck) perform.
The certificate is redeemed at 100% of the nominal value at the maturity date (June 2017), provided that the price of each of the three underlying shares always quotes above the respective barrier of 57% (daily observation) during the observation period.
In case the barrier is touched or undercut by at least one of the underlying shares and at least one of the shares quotes below its strike at the final valuation date, the predefined amount of shares per nominal value of the worst performing share is delivered (percentage performance from the starting value to the closing price at the final valuation date).
Key Facts:
- ISIN: AT0000A1H5G2
- Initial valuation date: Dec 16, 2015
- Observation period: Dec 17, 2015 – Jun 14,2017
- Term: 1.5 years (maturity date: Jun 19, 2017)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: 10% Health Care Protect Reverse Convertible Bond
For more details kindly see the Product Folder (PDF).
This product, the risks and terms and conditions associated with it, are subject to and governed by the Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
Additionally, Raiffeisen Centrobank AG is subject to supervision by the European Central Bank (ECB), which ECB undertakes within the Single Supervisory Mechanism (SSM), which consists of the ECB on national responsible authorities (Council Regulation (EU) No 1024/2013).
For any additional information you may require do not hesitate to contact us on +43 1 515 20-484.
The Team “Structured Products” of Raiffeisen Centrobank
