Express Certificate SAP Express 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 price115.00% Issue dateApr 08, 2020 Maturity dateApr 09, 2025
Name
SAP Express
ISIN / WKN
AT0000A2D8H7 / RC0W3V
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 166.08 (+0.03%)
Apr 22, 2024 15:30:00.000
Starting value
EUR 103.10
Strike
EUR 103.10
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Apr 07, 2020
Issue date
Apr 08, 2020
Valuation dates
Apr 06, 2022 / Apr 05, 2023 / Apr 04, 2024 / Apr 04, 2025
Final valuation date
Apr 04, 2025
Maturity date
Apr 09, 2025
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread in %
-
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Tax treatment
Capital Gains Tax / No EU Withholding Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Comments

The certificate SAP Express offers an opportunity for early redemption from the 2nd year, enabling investors to obtain a yield of 5% per year if the share of SAP SE quotes at or above its starting value at one of the valuation dates. If the share quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation at the final valuation date, the investor is entirely subject to market risk and physical delivery of SAP shares is effected.

NOTE: The product brochure for download already contains the current underlying price from March 20th, 2020.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").