The Commodity Bond 3 Guarantee Certificate of Raiffeisen Centrobank enables investors to generate an overall yield of 35 %, provided that each of the underlying commodities quotes above the barrier of 59 % during the observation period. At the end of the term one of the two scenarios will occur:
- SCENARIO 1: All three commodities always quote ABOVE the barrier: 35 % yield + 100 % nominal value
Provided that each of the three commodities quotes above the respective barrier during the observation period, 135 % of the nominal value are paid out at the end of the term (equivalent to a maximum payout of EUR 1,350 per EUR 1,000 nominal value).
- SCENARIO 2: Barrier was TOUCHED or undercut: 100 % nominal value
In case the barrier is touched or undercut by at least one underlying commodity, the investor obtains 100 % of the nominal value (capital guarantee) at the end of the seven-year term.
This means: in order to generate the maximum yield of 35 % at the end of the term, the underlying commodities do not necessarily need to increase in price, but must not decline by 41 % or more compared to the respective starting value during the observation period.
Therefore the certificate qualifies for investors who expect stable commodity prices and no price slumps by 41 % or more in the medium term. In addition, the Commodity Bond 3 provides for a high degree of security: 100 % capital guarantee at the end of the term.
Key Facts:
- ISIN: AT0000A1H5A5
- Initial valuation date: Dec 14, 2015
- Term: 7 years (maturity date: Dec 15, 2022)
- 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: Commodity Bond 3
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
