Express Certificate SAP ExpressSustainable certificate

Bid102.96%
Dec 09, 2022 18:59:59.220 UTC
Ask104.46%
Dec 09, 2022 18:59:59.220 UTC
chg. 1D-0.020 (-0.02%)
Dec 09, 2022 18:59:59.220 UTC
Underlying price (indicative) 101.94 (-0.01%)
Dec 09, 2022 20:59:38.000 UTC
Starting value103.1 Next redemption level103.10 Max. yield p.a. until next observation date35.32%

Name
SAP Express
ISIN / WKN
AT0000A2D8H7 / RC0W3V
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 101.94 (-0.01%)
Dec 09, 2022 20:59:38.000
Starting value
EUR 103.10
Barrier
EUR 61.86
Distance to barrier
39.32%
Observation barrier
on the final valuation date
(early) redemption level
103.10 / 103.10 / 103.10 / 103.10
Distance to next termination level
-1.14%
(early) redemption amount
110.00% / 115.00% / 120.00% / 125.00%
Max. yield until next observation date
10.09%
Max. yield p.a. until next observation date
35.32%
No. of shares
9.69922
About the term

Initial valuation date
Apr 07, 2020
Issue date
Apr 08, 2020
Valuation dates
Apr 06, 2022 / Apr 05, 2023 / Apr 04, 2024 / Apr 04, 2025
Final valuation date
Apr 04, 2025
Maturity date
Apr 09, 2025

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.55
Spread (in %)
1.46%
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, Frankfurt, Stuttgart
Description

The certificate SAP Express offers an opportunity for early redemption from the 2nd year, enabling investors to obtain a yield of 5% per year if the share of SAP SE 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 at the final valuation date, the investor is entirely subject to market risk and physical delivery of SAP shares is effected.

NOTE: The product brochure for download already contains the current underlying price from March 20th, 2020.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").

TRADING HOURS
Products on Austrian underlyings9:15 am - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

 - Turkey, Czech Republic9:00 am - 4:00 pm
 - Russia, Croatia, Ukraine, Kazakhstan9:15 am - 4:30 pm
 - Poland, Hungary, Romania, CEE and Eastern Europe9:15 am - 4:50 pm
  
Products on other international underlyings and commodities
(incl. Germany and Switzerland)
9:00 am - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com