With the certificate Europe Inflation Bonus&Safety 24 investors obtain the euro area inflation rate during the first 3 years of the term. From the 4th year onwards, the fixed interest rate of 9.75% p.a. is paid out annually. At the end of term redemption is effected at 100% provided that the EURO STOXX 50® index always quotes above the barrier of 49% of its starting value during the term. In the event of a barrier violation, investors are exposed to market risk on a one-to-one basis. In this case, a substantial capital loss is possible.

Details on the index can be found on the website of the index provider STOXX