Reverse Convertible Bond Mayr Melnhof Karton AG

Bid71.25%
Nov 08, 2024 16:30:00.263 UTC
Ask-
Sep 20, 2024 15:29:59.991 UTC
chg. 1D-2.090 (-2.85%)
Nov 08, 2024 16:30:00.263 UTC
Underlying price (delayed) 77.00 (-2.90%)
Nov 08, 2024 16:35:13.111 UTC
Barrier- StrikeEUR 120.00 Max. yield p.a.- Interest rate p.a.6.29%

Name
Reverse Convertible Bond on Mayr Melnhof Karton AG
ISIN / WKN
AT0000A39QB7 / RC1CJH
Max. yield remaining term (%)
-
Max. yield p.a.
-
Interest rate total term
7.50%
Fixed interest rate annually
6.29%
Underlying price (delayed)
EUR 77.00 (-2.90%)
Nov 08, 2024 16:35:13.111
Starting value
EUR 121.60
Strike
EUR 120.00
Barrier
-
Distance to strike
-55.84%
Distance to barrier
-
Barrier reached
yes (Barrier: EUR 87.50)
No. of shares
8.33333
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jan 15, 2024
Issue date
Jan 16, 2024
Final valuation date
Mar 21, 2025
Maturity date
Mar 26, 2025
Please take note of the Disclaimer in the Product Folder and/or the Factsheet.

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
-
Spread (in %)
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
Past performance is no reliable indicator of future results. Less than five years have passed since the launch of this certificate.
Description

Reverse Convertible Bonds with a barrier have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Reverse Convertible Bonds with a barrier have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, the closing price is below the strike, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.

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