3.5 % S&P 500® Reverse Bonus – available on secondary market

3.5 % S&P 500® Reverse Bonus – available on secondary market

5 year term, fixed annual interest rate of 3.5% and barrier being set at 135% of the S&P 500® Index

The US-American stock market recorded substantial price gains in the past years. In January 2018 the US benchmark index S&P 500® reached an all-time high of 2,873.87. Yet, fluctuations on the stock market are always possible, as the volatile movements in February showed.

For investors, who consider an upward trend on the US-American stock market to be unlikely, the 3.5% S&P 500® Reverse Bonus certificate issued by Raiffeisen Centrobank AG might represent an interesting investment opportunity.

3.5% fixed annual interest rate

The payment of the annual interest amount of 3.5% is effeced, regardless of the performance of the underlying S&P 500® index. This equals fixed interest payments of 5 times 3.5% per nominal value.

Redemption of the nominal value:

  • Scenario 1: Index always quotes BELOW the barrier
    If the S&P 500® index always quotes below the barrier of 135% during the observation period, the certificate is redeemed at 100%.
     
  • Scenario 2: Index quotes at least once AT/ABOVE the barrier
    If the S&P 500® touches or exceeds the barrier of 135% of the starting value during the observation period, redemption at the maturity date is effected according to the inverse index performance. If the barrier was touched during the term, but the index quotes below the starting value at the end of the term, the maximum amount remains limited at EUR 1,000 per nominal value.

The issue price amounts to 100 % (nominal value EUR 1,000) within the subscription period. Further information as well as the Key Information Document please find on the Product Page.

For any additional information you may require do not hesitate to contact us on +43151520484.

The Structured Products Team of Raiffeisen Centrobank



The product described herein is subject to and governed by the Base Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority (FMA). The Base Prospectus has been deposited at the Oesterreichische Kontrollbank AG, published at www.rcb.at/securitiesprospectus and contains the risks and terms and conditions of the product.

Additional information may also be obtained from the key information document of the product published at www.rcb.at. Raiffeisen Centrobank AG is subject to supervision by the FMA and the Austrian National Bank as well as the European Central Bank within the Single Supervisory Mechanism (Council Regulation (EU) No 1024/2013).

Key facts:
  • Name: 3,5 % S&P 500 Reverse Bonus
  • ISIN: AT0000A21AV7
  • Initial valuation date: Jun 27, 2018
  • Term: 1 year
    (Maturity date: Jun 28, 2023)
  • Listing: Vienna, Frankfurt, Stuttgart
Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.