Express Certificate RWE / Iberdrola Expressz Certifikát 2 (EUR)

Bid95.47%
May 10, 2024 18:00:01.040 UTC
Ask97.47%
May 10, 2024 18:00:01.040 UTC
chg. 1D+1.730 (+1.83%)
May 10, 2024 18:00:01.040 UTC
Underlying price (delayed)-
--
Starting value100 Next redemption level100.00 Max. yield p.a. until next observation date64.30%

Name
RWE / Iberdrola Expressz Certifikát 2 (EUR)
ISIN / WKN
AT0000A360S2 / RC1AR4
Underlying
Underlying price (delayed)
- --
-
Starting value
EUR 100.00
Barrier
EUR 60.00
Distance to barrier
30.55%
Observation barrier
on the final valuation date
(early) redemption level
100.00 / 90.00 / 80.00 / 70.00
Distance to next termination level
-16.14%
(early) redemption amount
107.50% / 115.00% / 122.50% / 130.00%
Max. yield until next observation date
10.29%
Max. yield p.a. until next observation date
64.30%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jul 21, 2023
Issue date
Jul 24, 2023
Valuation dates
Jul 22, 2024 / Jul 22, 2025 / Jul 22, 2026 / Jul 21, 2027
Final valuation date
Jul 21, 2027
Maturity date
Jul 26, 2027

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
-
Suited market expectation
sideways, bullish
Spread homogenised
2.00
Spread (in %)
2.09%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
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
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

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

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

9:00 - 8:00 pm
INFORMATION

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

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