Express Certificate BMW Express 4 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+0.350 (+0.29%) Bid119.58% Ask121.08% Last updateFeb 23, 2024
18:59:59.673
UTC
Underlying price 106.66 Change underlying+1.21% Starting value92.33 Next Express valuation level92.33
Name
BMW Express 4
ISIN / WKN
AT0000A2TLL0 / RC041H
Underlying
Underlying price
EUR 106.66 (+1.21%)
Feb 23, 2024 16:30:00.000
Starting value
EUR 92.33
Observation redemption level
on the final valuation date
Early redemption level
92.33 / 92.33 / 92.33 / 92.33 / 92.33
Early redemption price
111.00% / 122.00% / 133.00% / 144.00% / 155.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Nov 11, 2021
Issue date
Nov 12, 2021
Valuation dates
Nov 10, 2022 / Nov 09, 2023 / Nov 08, 2024 / Nov 10, 2025 / Nov 10, 2026
Final valuation date
Nov 10, 2026
Maturity date
Nov 13, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.38
Spread in %
1.25%
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 BMW Express 4 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 11% per year if the share of BMW Group 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 BMW shares is effected.

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