Express Certificate Verbund Express 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-0.370 (-0.37%) Bid97.83% Ask99.33% Last updateDec 03, 2024
19:00:01.095
UTC
Underlying price 75.35 Change underlying+0.67% Starting value81.29 Next Express valuation level81.29
Name
Verbund Express
ISIN / WKN
AT0000A38H42 / RC1BX7
Underlying
Underlying price
EUR 75.35 (+0.67%)
Dec 03, 2024 16:30:00.000
Starting value
EUR 81.29
Observation redemption level
on the final valuation date
Early redemption level
81.29 / 81.29 / 81.29 / 81.29 / 81.29
Early redemption price
110.00% / 120.00% / 130.00% / 140.00% / 150.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Dec 12, 2023
Issue date
Dec 13, 2023
Valuation dates
Dec 11, 2024 / Dec 11, 2025 / Dec 10, 2026 / Dec 09, 2027 / Dec 07, 2028
Final valuation date
Dec 07, 2028
Maturity date
Dec 13, 2028
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
1.22
Spread in %
1.53%
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
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
Comments

The Verbund Express certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 10% per year if the price of the Verbund share quotes at or above the termination level. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk and physical delivery of Verbund shares is effected.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").