Express Certificate BASF Express 2
Issue price100.00% Redemption price112.50% Issue dateApr 14, 2020 Maturity dateApr 15, 2025
Name
BASF Express 2
ISIN / WKN
AT0000A2G2V8 / RC0YF5
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 52.84 (-0.70%)
Mar 28, 2024 16:30:00.000
Starting value
EUR 46.90
Strike
EUR 46.90
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Apr 09, 2020
Issue date
Apr 14, 2020
Valuation dates
Apr 12, 2021 / Apr 12, 2022 / Apr 12, 2023 / Apr 11, 2024 / Apr 10, 2025
Final valuation date
Apr 10, 2025
Maturity date
Apr 15, 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
-
Listing
Vienna, Frankfurt, Stuttgart
Comments

The certificate BASF Express 2 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 12.5% per year if the share of BASF 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 BASF shares is effected.