Top Pick Reverse Convertible Bond 8,5 % Österreich Plus Aktienanleihe

Bid100.64%
Oct 14, 2024 18:00:02.098 UTC
Ask102.14%
Oct 14, 2024 18:00:02.098 UTC
chg. 1D+1.590 (+1.59%)
Oct 14, 2024 18:00:02.098 UTC
Underlying price (indicative)-
--
BarrierEUR 60.00 StrikeEUR 100.00 Max. yield p.a.7.38% Interest rate p.a.8.50%

Name
Reverse Convertible Bond on Worst of Basket
ISIN / WKN
AT0000A3ETS8 / RC1FCZ
Underlying
Max. yield remaining term (%)
14.55%
Max. yield p.a.
7.38%
Interest rate total term
-
Fixed interest rate annually
8.50%
Underlying price (indicative)
- --
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 60.00
Distance to strike
1.56%
Distance to barrier
40.94%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Oct 08, 2024
Issue date
Oct 09, 2024
Final valuation date
Oct 06, 2026
Maturity date
Oct 09, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Plus Bonds
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
100.00%
Spread homogenised
1.50
Spread (in %)
1.49%
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Liechtenstein, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

With the 8.5% Austria Plus Reverse Convertible Bond you receive the fixed interest rate of 8.5% annually. Redemption at the end of term is affected at 100% if all 3 underlying shares (Erste Group, OMV & Verbund) quote above the barrier at the end of term. If at least one of the 3 shares quotes below the barrier, it results in delivery of shares. Only the share with the worst performance will be delivered; the value of the delivered shares will be significantly lower than the nominal amount of the Reverse Convertible Bond.

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