Express Certificate voestalpine Express 12

Bid86.54%
Apr 25, 2024 10:04:40.727 UTC
Ask88.04%
Apr 25, 2024 10:04:40.727 UTC
chg. 1D-0.580 (-0.66%)
Apr 25, 2024 10:04:40.727 UTC
Underlying price (indicative) 25.06 (-0.83%)
Apr 25, 2024 10:03:32.000 UTC
Starting value30.68 Next redemption level30.68 Max. yield p.a. until next observation date40.90%

Name
voestalpine Express 12
ISIN / WKN
AT0000A330K2 / RC08UF
Underlying
Underlying price (indicative)
EUR 25.06 (-0.83%)
Apr 25, 2024 10:03:32.000
Starting value
EUR 30.68
Barrier
EUR 18.41
Distance to barrier
26.54%
Observation barrier
on the final valuation date
(early) redemption level
30.68 / 30.68 / 30.68 / 30.68 / 30.68
Distance to next termination level
-22.43%
(early) redemption amount
111.50% / 123.00% / 134.50% / 146.00% / 157.50%
Max. yield until next observation date
39.71%
Max. yield p.a. until next observation date
40.90%
No. of shares
32.59452
About the term

Initial valuation date
Apr 19, 2023
Issue date
Apr 20, 2023
Valuation dates
Apr 18, 2024 / Apr 16, 2025 / Apr 16, 2026 / Apr 16, 2027 / Apr 18, 2028
Final valuation date
Apr 18, 2028
Maturity date
Apr 21, 2028

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.46
Spread (in %)
1.73%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
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
Vienna, Stuttgart
Description

The certificate voestalpine Express 12 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 11.5% per year if the share of voestalpine AG 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 five years. In the event of a barrier violation (60 % of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of voestalpine shares is effected.

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