Reverse Convertible Bond 7,5 % Streaming Aktienanleihe Effective as of 1 December 2022, Raiffeisen Centrobank AG has transferred its certificates business to Raiffeisen Bank International AG including (i) all associated rights and obligations, and (ii) the legal position as issuer of (a) existing securities, i.e. outstanding securities issued by Raiffeisen Centrobank AG, and (b) new securities to be issued. Therefore, as of 1 December 2022, Raiffeisen Bank International AG constitutes the issuer of and the debtor under the securities referred to on this web page (including all securities issued prior to such date). The information below is provided solely for (i) current investors and (ii) investors intending to trade the securities directly on a third-party trading venue. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to these securities.

Bid35.84%
Nov 30, 2022 19:00:00.322 UTC
Ask37.34%
Nov 30, 2022 19:00:00.322 UTC
chg. 1D-0.020 (-0.05%)
Nov 30, 2022 19:00:00.322 UTC
Underlying price (delayed)-
--
Barrier- StrikeEUR 100.00 Max. yield p.a.- Interest rate p.a.7.50%

Name
Reverse Convertible Bond on Worst of Basket
ISIN / WKN
AT0000A2RK26 / RC03VA
Underlying
Max. yield remaining term (%)
>100%
Max. yield p.a.
-
Interest rate total term
-
Fixed interest rate annually
7.50%
Underlying price (delayed)
- --
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
-
Distance to strike
-89.45%
Distance to barrier
-
Barrier reached
yes (Barrier: EUR 55.00)
No. of shares
-
Tradeable unit/nominal value
EUR 5,000
Paid interest rate
7.50% (EUR 375.00) on Jul 07, 2022
About the term

Initial valuation date
Jul 06, 2021
Issue date
Jul 07, 2021
Final valuation date
Jul 03, 2023
Maturity date
Jul 07, 2023

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
Closing Price
Issue price
100.00%
Spread homogenised
1.50
Spread (in %)
4.19%
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Listing
Vienna, Frankfurt, Stuttgart
Description

The 7.5% Streaming Reverse Convertible Bond is redeemed at 100% nominal value at the maturity date (July 2023), provided that, during the observation period, the closing price of each of the three underlying shares (Amazon.com Inc., Netflix Inc. and Spotify Technology S.A.) always quoted above the barrier of 55% of the strike (daily observation). The interest amount of 7.5% is paid out annually, regardless of the performance of the underlying shares. If the barrier of at least one of the three shares is violated and at least one of the underlying shares is quoted below its strike price, only the share with the worst performance is physically delivered. If all three underlying shares quote at or above their strike at the final valuation date, the product is redeemed at 100% nominal value despite a barrier event.

The barrier has been touched by Spotify on March 04, 2022

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