Express Certificate Mercedes-Benz Express 8 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-1.790 (-1.74%) Bid100.16% Ask101.66% Last updateDec 03, 2024
19:00:03.168
UTC
Underlying price 52.20 Change underlying-2.06% Starting value61.42 Next Express valuation level61.42
Name
Mercedes-Benz Express 8
ISIN / WKN
AT0000A38ME2 / RC1B0H
Underlying price
EUR 52.20 (-2.06%)
Dec 03, 2024 16:30:00.000
Starting value
EUR 61.42
Observation redemption level
on the final valuation date
Early redemption level
61.42 / 55.28 / 49.14 / 42.99 / 36.85
Early redemption price
110.00% / 120.00% / 130.00% / 140.00% / 150.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Jan 15, 2024
Issue date
Jan 16, 2024
Valuation dates
Jan 14, 2025 / Jan 14, 2026 / Jan 14, 2027 / Jan 13, 2028 / Jan 12, 2029
Final valuation date
Jan 12, 2029
Maturity date
Jan 17, 2029
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
0.92
Spread in %
1.50%
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 certificate Mercedes-Benz Express 8 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 10% per year if the share of Mercedes-Benz AG quotes on one of the annual valuation days at or above the annually declining termination level. If the share quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation (60 % of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of Mercedes-Benz shares is effected.