Turbo Certificate Short Erste Group Bank AG

Issue price0.69 EUR Redemption price0.38 EUR Issue dateMar 31, 2022 Maturity date-

Name
Turbo Certificate Erste Group Bank AG
ISIN / WKN
AT0000A2X026 / RC058W
Barrier
-
Barrier reached
yes (Barrier: EUR 34.95)
Strike
EUR 38.74
Leverage
8.61
Long/ short
Short
Tradeable unit/nominal value
1 unit
Multiplier
0.1
Product currency
EUR
Listing
Vienna, Frankfurt, Stuttgart
About the term

Initial valuation date
Mar 30, 2022
Issue date
Mar 31, 2022
Final valuation date
-
Maturity date
open-end

Product classification
Leverage Product with Knock-Out
Security type (Eusipa No.)
Turbo Certificate (2210)
Turbo Certificate Type
Turbo Certificate Short
Country / region of underlying
Austria
Suited market expectation
bearish
Issue price
0.69 EUR
Spread homogenised
-
Spread (in %)
-
Underlying currency
EUR
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Description

Turbo Certificates enable investors to participate with a leverage effect in the performance of the underlying. Short Turbo Certificates provide investors with above average profit opportunities in falling markets. If the underlying touches or surpasses the barrier (knock-out level), the Turbo Certificate expires prematurely. The investor may incur a total loss of the invested capital.

Barrier and strike are adjusted on a daily basis. In case the underlying quotes in a currency different to that of the certificate or in case the underlying is a commodity future (roll over), a deviation may occur.

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