Express Certificate USD Netflix Express 2 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.
Change+1.250 (+1.09%) Bid115.51% Ask117.01% Last updateMay 03, 2024
18:00:00.979
UTC
Underlying price 579.34 Change underlying+2.51% Starting value518.91 Next Express valuation level518.91
Name
USD Netflix Express 2
ISIN / WKN
AT0000A2S778 / RC0369
Underlying
Underlying price
USD 579.34 (+2.51%)
May 03, 2024 20:30:01.071
Starting value
USD 518.91
Observation redemption level
on the final valuation date
Early redemption level
518.91 / 518.91 / 518.91
Early redemption price
108.00% / 116.00% / 124.00%
Denomination / nominal
USD 1,000
About the term
Initial valuation date
Aug 17, 2021
Issue date
Aug 18, 2021
Valuation dates
Aug 16, 2022 / Aug 16, 2023 / Aug 15, 2024
Final valuation date
Aug 15, 2024
Maturity date
Aug 20, 2024
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
USA
Suited market expectation
sideways, bullish
Spread homogenised
7.78
Spread in %
1.30%
Multiplier
-
Product currency
USD
Underlying currency
USD
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
Stuttgart
Comments

The certificate USD Netflix Express 2 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8% per year if the share of Netflix Inc. 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 three 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 Netflix shares is effected.