Factor Certificate Short SAP SE
BidPLN 0.750
Jun 04, 2026 17:22:17.337 UTC
AskPLN 0.760
Jun 04, 2026 17:22:17.337 UTC
chg. 1D-0.100 (-11.70%)
Jun 04, 2026 17:22:17.337 UTC
Underlying price (indicative) 163.02 (+0.90%)
Jun 05, 2026 06:44:09.000 UTC
Protection LevelEUR 202.72 Leverage factor-3.00

Name
Factor Certificate SAP SE
ISIN / WKN
AT0000A35EC9 / RC096D
WSE Ticker
RBIFS3SAP
Underlying
Underlying price (indicative)
EUR 163.02 (+0.90%)
Jun 05, 2026 06:44:09.000
Leverage factor
-3.00
Threshold
30.00%
Factor Level
EUR 207.91
Protection Level
EUR 202.72
Tradeable unit/nominal value
1 unit
Multiplier
0.00389
Product currency
PLN
Listing
Warsaw

About the term

Initial valuation date
Jun 06, 2023
Issue date
Jun 07, 2023
Final valuation date
-
Maturity date
open-end
Please take note of the Legal and Risk Disclaimer in the Product Folder and/or the Factsheet.

Product classification
Leverage Product without Knock-Out
Security type (Eusipa No.)
Factor Certificate (2300)
Factor Certificate Type
Factor Certificate Short
Underlying
Country / region of underlying
Germany
Suited market expectation
bearish
Issue price
10.00 PLN
Spread homogenised
2.57
Spread (in %)
1.33%
Underlying currency
EUR
Settlement method
Cash settlement
Taxation
Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Past performance is no reliable indicator of future results. Less than five years have passed since the launch of this certificate.
Description

Factor Certificates enable investors to participate with a leverage effect in the performance of the underlying. The certificates have a constant leverage factor, no knock-out and are open-ended. Long Factor Certificates provide investors with above average profit opportunities in falling markets.

Please note: The leverage effect of a Factor Certificate means that fluctuations in the value of the underlying have a disproportionate impact on the value of the Factor Certificate. Even small price fluctuations against the investor's market opinion can lead to the loss of a substantial part of the capital invested, up to a total loss. If the underlying of the certificate is a future (e.g. in the case of commodities), the issue of rolling must be taken into account. Investors are also exposed to the exchange rate risk if the currency of the underlying does not equal the currency of the Factor Certificate. "Issuer risk / creditor participation": Certificates are not covered by the deposit protection system. There is a risk that Raiffeisen Bank International AG may not be able to meet its payment obligations due to insolvency (issuer risk) or any official orders ("bail-in"). In such cases, the invested capital may be lost in full.

Factor Certificates are not suitable for long-term investment.

For further information on this product category, please refer to our brochure on Factor Certificates.

TRADING HOURS
Products on Austrian underlyings

09:15 – 17:30

Products on international underlyings and commodities

09:05 – 20:00

Products on underlyings from CEE and Eastern Europe 

    - Czech Republic, Slovenia

09:15 – 16:30

    - Poland, Hungary, Romania, and other markets in Eastern Europe

09:15 – 16:50

INFORMATION

Monday – Friday
08:00 – 17:30

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