Express Certificate Europe ESG Leaders/Europe Banks Express (HUF) 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+0.820 (+0.68%) Bid119.89% Ask121.89% Last updateApr 26, 2024
18:00:00.710
UTC
Underlying price- Change underlying- Starting value100 Next Express valuation level94.00
Name
Europe ESG Leaders/Europe Banks Express (HUF)
ISIN / WKN
AT0000A2SQZ1 / RC04MQ
Underlying
Underlying price
-
Starting value
HUF 100.00
Observation redemption level
on the final valuation date
Early redemption level
100.00 / 97.00 / 94.00 / 91.00 / 88.00
Early redemption price
111.00% / 122.00% / 133.00% / 144.00% / 155.00%
Denomination / nominal
HUF 10,000
About the term
Initial valuation date
Oct 04, 2021
Issue date
Oct 05, 2021
Valuation dates
Oct 03, 2022 / Oct 03, 2023 / Oct 03, 2024 / Oct 02, 2025 / Oct 01, 2026
Final valuation date
Oct 01, 2026
Maturity date
Oct 06, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Spread homogenised
2.00
Spread in %
1.67%
Multiplier
-
Product currency
HUF
Underlying currency
-
Settlement method
Cash settlement
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 has a pre-defined maximum term. Higher early redemption is made, in case, at any of the valuation dates, the underlying quotes at or above the termination level.

If the underlying quotes below the termination level, the term extends to the next valuation date, with the subsequent termination level being reduced at the same time. At the end of the maximum term, the barrier serves as additional safety mechanism.