Reverse Convertible Bond 7% USA Protect Aktienanleihe The product related information contained herein is exclusively for information purposes only, intended for current investors or in case these products are displayed further to an individual search. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to any of the products described herein.
Issue price100.00% Redemption price100.00% Issue dateOct 07, 2019 Maturity dateOct 07, 2021
Name
7% USA Protect Aktienanleihe
ISIN / WKN
AT0000A29T72 / RC0VF7
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
7.00%
Underlying price
-
Starting value
EUR 100.00
Strike
EUR 100.00
Denomination / nominal
EUR 1,000
Payed Coupons
7.00% on Oct 07, 2020
7.00% on Oct 07, 2021
About the term
Initial valuation date
Oct 04, 2019
Issue date
Oct 07, 2019
Final valuation date
Oct 04, 2021
Maturity date
Oct 07, 2021
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
Closing Price
Issue price
100.00%
Spread homogenised
-
Spread in %
-
Multiplier
-
Product currency
EUR
Underlying currency
-
Settlement method
Cash settlement / Physical delivery
Tax treatment
Capital Gains Tax / EU Withholding Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Comments

The 7% USA Protect Reverse Convertible Bond is redeemed at 100% nominal value at the maturity date (Oktober 2021), provided that, during the observation period, the closing price of each of the three underlying shares (Apple Inc., AT & T Inc. and Microsoft Corp.) always quoted above the barrier of 59% of the strike (daily observation). The interest amount of 7% is paid out annually, regardless of the performance of the underlying shares.In case the barrier is touched or undercut by at least one of the underlying shares and at least one of the underlying shares quotes below its strike at the final valuation date, the predefined amount of the worst performing share will be delivered. If all three underlying shares quote at or above their strike at the final valuation date, the product is redeemed at 100% nominal value despite a barrier event.