Express Certificate USD Netflix Express 2

Bid115.10%
Mar 28, 2024 08:05:13.128 UTC
Ask116.60%
Mar 28, 2024 08:05:13.128 UTC
chg. 1D-0.070 (-0.06%)
Mar 28, 2024 08:05:13.128 UTC
Underlying price (indicative) 614.49 (+0.10%)
Mar 28, 2024 08:20:21.000 UTC
Starting value518.91 Next redemption level518.91 Max. yield p.a. until next observation date17.40%

Name
USD Netflix Express 2
ISIN / WKN
AT0000A2S778 / RC0369
Underlying
Underlying price (indicative)
USD 614.49 (+0.10%)
Mar 28, 2024 08:20:21.000
Starting value
USD 518.91
Barrier
USD 311.35
Distance to barrier
49.33%
Observation barrier
on the final valuation date
(early) redemption level
518.91 / 518.91 / 518.91
Distance to next termination level
15.55%
(early) redemption amount
108.00% / 116.00% / 124.00%
Max. yield until next observation date
6.35%
Max. yield p.a. until next observation date
17.40%
No. of shares
1.92712
About the term

Initial valuation date
Aug 17, 2021
Issue date
Aug 18, 2021
Valuation dates
Aug 16, 2022 / Aug 16, 2023 / Aug 15, 2024
Final valuation date
Aug 15, 2024
Maturity date
Aug 20, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
USA
Suited market expectation
sideways, bullish
Spread homogenised
7.78
Spread (in %)
1.30%
Multiplier
-
Product currency
USD
Underlying currency
USD
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Stuttgart
Description

The certificate USD Netflix Express 2 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8% per year if the share of Netflix Inc. quotes at or above its starting value at one of the valuation dates. If the share quotes below the starting value, the term extends by another year - up to a maximum of three years. In the event of a barrier violation at the final valuation date, the investor is entirely subject to market risk and physical delivery of Netflix shares is effected.

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INFORMATION

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