The 4.4 % Gold/Silver Bonus Certificate qualifies for investors who expect gold and silver to perform stably or to move sideways during a straightforward term of two years, and who do not assume a marked decline. This investment product is not capital protected, it yields fixed interest payments, provides for a conditional safety mechanism until the barrier and is currency hedged.
The fixed interest rate of 4.4 % is paid out annually, irrespective of the performance of the underlyings. At the issue date the risk buffer (distance to the barrier) amounts to 40 %.
The certificate is redeemed at 100 % nominal value at the maturity date (March 2016), provided that both gold and silver always quoted above 60 % of their starting values (= fixing on Mar 13, 2014) during the observation period (daily fixing). In case the barrier of the Bonus Certificate is violated by at least one of the underlying precious metals, redemption at the maturity date is effected according to the underlying which performs “worst of“. Even if the barrier is touched or undercut investors do not participate in price gains of the underlyings above the respective starting value.
Key Facts:
- ISIN: AT0000A15MB6
- Initial valuation date: Mar 13, 2014
- Term: 2 years (maturity date: Mar 14, 2016)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: 4.4 % Gold/Silver Bonus
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.
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
