The Oil Shares Bond issued by Raiffeisen Centrobank AG is a Guarantee Certificate based on three “oil shares” with full capital protection at the end of the term. The certificate is suitable for security-oriented investors, who expect stable share prices and who want to make medium/long-term investments in the oil and gas industry.
Payout profile:
The Guarantee Certificate combines the opportunity for an annual interest rate of 4% with 100% capital protection for the invested capital. The annual interest rate is paid out, provided that each of the three underlying “oil-shares” (BP, Royal Dutch Shell and Total) quotes AT/ABOVE its respective starting value (=closing price of each share at the initial valuation date) at the respective annual valuation date. Investors have the opportunity to obtain the interest rate of 4% in each year of the term.
In case the closing price of one share or multiple shares quotes below the respective starting value at the current annual valuation date, the interest payment does not apply for the respective year of the term. However, investors have the opportunity to obtain 4% interest rate in each of the following years too. This means, investors still have the possibility to profit from positive performances of the oil shares.
At the end of the term the investment is 100% capital protected by Raiffeisen Centrobank, i.e. during the term price fluctuations may occur, but investors obtain at least 100% of the nominal value at the end of the term.
Key Facts:
- ISIN: AT0000A1KKN9
- Initial valuation date: Apr 12, 2016
- Term: 8 years (maturity date: Apr 16, 2024)
- Public offer in: Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Romania, Slovenia, Croatia
- Listing: Vienna, Frankfurt, Stuttgart
Further information is available at the product page: Oil Shares Bond
For more details kindly see the Product Folder (PDF).
For any additional information you may require do not hesitate to contact us on +43 1 515 20-484.
The Team “Structured Products” of Raiffeisen Centrobank
This product, the risks and terms and conditions associated with it, are subject to and governed by the Prospectus (including all supplements and amendments thereto) approved by the Austrian Financial Market Authority, which has been deposited at Oesterreichische Kontrollbank AG and is published on www.rcb.at/SecuritiesProspectus.
Additionally, Raiffeisen Centrobank AG is subject to supervision by the European Central Bank (ECB), which ECB undertakes within the Single Supervisory Mechanism (SSM), which consists of the ECB on national responsible authorities (Council Regulation (EU) No 1024/2013).
