Express Certificate Volkswagen Express

Bid58.83%
Dec 09, 2022 18:59:59.219 UTC
Ask60.33%
Dec 09, 2022 18:59:59.219 UTC
chg. 1D+0.810 (+1.38%)
Dec 09, 2022 18:59:59.219 UTC
Underlying price (indicative) 137.01 (+0.12%)
Dec 09, 2022 20:59:55.000 UTC
Starting value233.55 Next redemption level233.55 Max. yield p.a. until next observation date>100%

Name
Volkswagen Express
ISIN / WKN
AT0000A2R903 / RC03RU
Underlying price (indicative)
EUR 137.01 (+0.12%)
Dec 09, 2022 20:59:55.000
Starting value
EUR 233.55
Barrier
EUR 140.13
Distance to barrier
-
Observation barrier
on the final valuation date
(early) redemption level
233.55 / 233.55 / 233.55 / 233.55 / 233.55
Distance to next termination level
-70.46%
(early) redemption amount
113.00% / 126.00% / 139.00% / 152.00% / 165.00%
Max. yield until next observation date
>100%
Max. yield p.a. until next observation date
>100%
No. of shares
4.28174
About the term

Initial valuation date
Jun 08, 2021
Issue date
Jun 09, 2021
Valuation dates
Jun 07, 2022 / Jun 07, 2023 / Jun 06, 2024 / Jun 05, 2025 / Jun 05, 2026
Final valuation date
Jun 05, 2026
Maturity date
Jun 10, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
3.50
Spread (in %)
2.55%
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 Volkswagen Express offers an annual opportunity for early redemption, enabling investors to obtain a yield of 13% per year if the preference share of Volkswagen 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 Volkswagen AG preference shares is effected.

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