The 7.25% German Shares Bonus Certificate features a fixed interest rate of 7.25 % annually with a partial safety mechanism for the invested capital. Each year of the two-year term the annual interest amount is paid out, regardless of how the three underlying shares (Daimler, RWE and ThyssenKrupp) perform. The redemption of the nominal value at the end of the term depends on the performance of the three shares: at the issue date the distance to the barrier (risk buffer) comes up to 40 %.
The certificate is redeemed at 100% nominal value at the maturity date (September 2016), provided that, during the observation period, the price of each of the three underlying shares always quotes above the barrier of 60% (continuous observation).
In case the barrier is touched or undercut by at least one of the underlying shares, redemption at the maturity date is effected according to the underlying which performs “worst of“ (percentage performance from the starting value to the closing price at the final valuation date). Even if the barrier is touched or undercut investors do not participate in price gains above the respective starting value.
Key Facts:
- ISIN: AT0000A19E89
- Initial valuation date: Sep 25, 2014
- Observation period: Sep 26, 2014 – Sep 21,2016
- Term: 2 years (maturity date: Sep 26, 2016)
- 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: 7.25% German Shares 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
