Express Certificate Infineon 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-1.100 (-1.15%) Bid94.11% Ask95.61% Last updateFeb 23, 2024
18:59:59.266
UTC
Underlying price 33.10 Change underlying-1.59% Starting value36.95 Next Express valuation level36.95
Name
Infineon Express
ISIN / WKN
AT0000A2SUP4 / RC04NT
Underlying price
EUR 33.10 (-1.59%)
Feb 23, 2024 16:30:00.000
Starting value
EUR 36.95
Observation redemption level
on the final valuation date
Early redemption level
36.95 / 36.95 / 36.95 / 36.95 / 36.95
Early redemption price
107.00% / 114.00% / 121.00% / 128.00% / 135.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Oct 14, 2021
Issue date
Oct 15, 2021
Valuation dates
Oct 13, 2022 / Oct 12, 2023 / Oct 11, 2024 / Oct 13, 2025 / Oct 13, 2026
Final valuation date
Oct 13, 2026
Maturity date
Oct 16, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
0.55
Spread in %
1.59%
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 Infineon Express offers an annual opportunity for early redemption, enabling investors to obtain a yield of 7% per year if the share of Infineon Technologies AG quotes at or above its starting value at one of the valuation dates. 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 Infineon shares is effected.

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