Reverse Convertible Bond 6,5 % Österreich Plus 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 16, 2020 Maturity dateOct 17, 2022
Name
6,5 % Österreich Plus Aktienanleihe
ISIN / WKN
AT0000A2J6G7 / RC0Y8G
Underlying
Worst of Basket
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
6.50%
Underlying price
-
Starting value
EUR 100.00
Strike
EUR 100.00
Denomination / nominal
EUR 1,000
Payed Coupons
6.50% on Oct 16, 2021
6.50% on Oct 16, 2022
About the term
Initial valuation date
Oct 15, 2020
Issue date
Oct 16, 2020
Final valuation date
Oct 12, 2022
Maturity date
Oct 17, 2022
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Plus Bonds
Underlying
Worst of Basket
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
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
Product info
Comments

The 6.5% Austria Plus Reverse Convertible Bond is redeemed at 100% of the nominal value at the maturity date (October 2022), provided that the closing price of each of the two underlying shares (Erste Group Bank AG and OMV AG) quotes above the barrier of 60% of the strike at the end of the term (observation only at the final valuation date). The interest amount of 6.5% is paid out annually, regardless of the performance of the underlying shares.In case 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.

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