Express Certificate BASF Express

Bid110.80%
May 13, 2024 08:57:52.616 UTC
Ask112.30%
May 13, 2024 08:57:52.616 UTC
chg. 1D-0.020 (-0.02%)
May 13, 2024 08:57:52.616 UTC
Underlying price (indicative) 48.82 (+0.04%)
May 13, 2024 08:58:11.000 UTC
Starting value68.75 Next redemption level41.25 Max. yield p.a. until next observation date21.84%

Name
BASF Express
ISIN / WKN
AT0000A2BKM8 / RC0V8N
Underlying
Underlying price (indicative)
EUR 48.82 (+0.04%)
May 13, 2024 08:58:11.000
Starting value
EUR 68.75
Barrier
EUR 41.25
Distance to barrier
15.50%
Observation barrier
on the final valuation date
(early) redemption level
68.75 / 61.88 / 55.00 / 48.12 / 41.25
Distance to next termination level
15.50%
(early) redemption amount
105.00% / 110.00% / 115.00% / 120.00% / 125.00%
Max. yield until next observation date
11.31%
Max. yield p.a. until next observation date
21.84%
No. of shares
14.54545
About the term

Initial valuation date
Nov 28, 2019
Issue date
Nov 29, 2019
Valuation dates
Nov 26, 2020 / Nov 25, 2021 / Nov 25, 2022 / Nov 27, 2023 / Nov 27, 2024
Final valuation date
Nov 27, 2024
Maturity date
Dec 02, 2024

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.03
Spread (in %)
1.35%
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 has a pre-defined maximum term. Higher early redemption is made, in case, at any of the valuation dates, the underlying quotes at or above the termination level.

If the underlying quotes below the termination level, the term extends to the next valuation date, with the subsequent termination level being reduced at the same time. At the end of the maximum term, the barrier serves as additional safety mechanism.

TRADING HOURS

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Products on underlyings of CEE, Eastern Europe and Turkey

 

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9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

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INFORMATION

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