The EURO STOXX 50®/CECE®Bonus Certificate combines the opportunity to an attractive bonus yield of 50% with a conditional safety mechanism for the invested capital: at the issue date the distance to the barrier (risk buffer) comes up to 45%.
Investors obtain EUR 1,500 per EUR 1,000 nominal value at the maturity date (August 2019), if during the observation period none of the two underlying indices ever touched or undercut the barrier of 55% (continuous observation).
In case the barrier of the Bonus Certificate is touched or undercut by at least one of the two underlying indices, the bonus mechanism is suspended: In this case redemption at the maturity date is effected according to the underlying which performs “worst of“(performance in percent from the starting value to the closing price at the final valuation date). Even if the barrier is touched or undercut, the maximum amount remains limited at EUR 1,500 and investors do not participate in price increases of the underlyings beyond the cap.
The Bonus Certificate EURO STOXX 50®/CECE® Bonus is based on the transparent EURO STOXX 50® and CECE® indices, which cover the biggest Blue Chips in the Eurozone and in Eastern Europe (Czech Republic, Hungary and Poland). Due to its risk buffer the certificate is adequate for all investors, who deem a decline in prices of 45% or more on the indicated stock markets unlikely to occur in the next five years.
Key Facts:
- ISIN: AT0000A18QZ0
- Subscription: Jul 02 – Jul 30, 2014
- Initial valuation date: Jul 31, 2014
- Term: 5 years (maturity date: Aug 01, 2019)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
The issue price amounts to 100% (nominal value EUR 1,000) + 2.5% issue surcharge within the subscription period.
Further information is available at the product page: EURO STOXX 50®/ CECE® Bonus.
For more details kindly see the Product Folder (PDF).
This product, the risks as well as terms and conditions associated with it, are subject to and governed by the Base 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
