Reverse Convertible Bond 8,75 % Automobil Plus Aktienanleihe 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+0.090 (+0.10%) Bid94.71% Ask96.21% Last updateDec 04, 2024
08:08:58.286
UTC
BarrierEUR 60.00 StrikeEUR 100.00 Max. profit p.a.14.94% Interest rate p.a.8.75%
Name
Reverse Convertible Bond on Worst of Basket
ISIN / WKN
AT0000A3CT64 / RC1EFR
Underlying
Max. profit in %
22.13%
Max. profit p.a. in %
14.94%
Interest rate whole maturity
-
Interest rate p.a.
8.75%
Underlying price
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 60.00
Distance to strike in %
-
Distance Barrier
-
Barrier reached
no
Number of shares
-
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Jun 07, 2024
Issue date
Jun 10, 2024
Final valuation date
Jun 05, 2026
Maturity date
Jun 10, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Plus Bonds
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
100.00%
Spread homogenised
-
Spread in %
1.58%
Multiplier
-
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, Liechtenstein, Romania, Slovenia
Listing
Vienna, Stuttgart
Comments

With the 8.75% Automobile Plus Reverse Convertible Bond you receive the fixed interest rate of 8.75% annually. Redemption at the end of term is affected at 100% if all 3 underlying shares (Continental, Mercedes-Benz & Volkswagen quote above the barrier at the end of term. If at least one of the 3 shares quotes below the barrier, it results in delivery of shares. Only the share with the worst performance will be delivered; the value of the delivered shares will be significantly lower than the nominal amount of the Reverse Convertible Bond.