Reverse Convertible Bond Telekom Austria EuroTeleSites Basket 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 price- Issue dateJan 24, 2023 Maturity dateMar 20, 2024
Name
Reverse Convertible Bond on Telekom Austria EuroTeleSites Basket
ISIN / WKN
AT0000A327H4 / RC08MD
Max. profit in %
-
Max. profit p.a. in %
-
Interest rate whole maturity
17.00%
Interest rate p.a.
14.74%
Underlying price
-
Starting value
EUR 6.17
Strike
EUR 7.00
Barrier
EUR 5.25
Distance to strike in %
-
Distance Barrier
-
Barrier reached
no
Number of shares
142.85715
Denomination / nominal
EUR 1,000
Payed Coupons
17.00% on Mar 20, 2024
About the term
Initial valuation date
Jan 23, 2023
Issue date
Jan 24, 2023
Final valuation date
Mar 15, 2024
Maturity date
Mar 20, 2024
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
-
Spread in %
-
Multiplier
1:0.007
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, Stuttgart
Comments

Reverse Convertible Bonds with a barrier have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Reverse Convertible Bonds with a barrier have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, the closing price is below the strike, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.