The Guarantee Certificate Europe Dividend Stocks Bond 3 is based on the EURO STOXX® Select Dividend 30 – an index representing high-dividend yielding stocks of the Eurozone. The certificate addresses to investors, who look for sound “extra returns” in the currently low interest rate environment and who wish to be capital protected at the same time.
Payout Profile:
At the initial valuation date the starting value (closing price of the EURO STOXX® Select Dividend 30) is determined.
At the final valuation date the closing price of the index is compared to the starting value and one of the following scenarios will occur:
- SCENARIO 1: EURO STOXX® Select Dividend 30 at the same level or ABOVE the starting value
a) Index + 22% or more à44 % yield + 100% nominal value
In case the index closes 22% or more above the starting value at the final valuation date, redemption at the maturity date is effected at 144% of the nominal value. This is equivalent to EUR 1,440 per EUR 1,000 nominal value and at the same time represents the maximum amount (maximum payout).
b) Index between ±0 and +22% à44% yield + 100% nominal value
Redemption is effected at 122% of the nominal value, equivalent to EUR 1,220 per EUR 1,000 nominal value.
- SCENARIO 2: Index below the starting value
If the EURO STOXX® Select Dividend 30 quotes below its starting value at the final valuation date, the capital protection applies and the certificate is redeemed at 100% of the nominal value at the maturity date. This is equivalent to EUR 1,000.
The Europe Dividend Stocks Bond 3 qualifies for investors, who expect the selected EURO STOXX® Select Dividend 30 index to post a moderate positive performance and who wish to be protected in case of price declines at the same time.
Key Facts:
- ISIN: AT0000A1HSU3
- Initial valuation date: Feb 01, 2016
- Term: 7 years (maturity date: Feb 02, 2023)
- 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: Europe Dividend Stocks Bond 3
For more details kindly see the Product Folder (PDF).
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
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.
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).
