Express Certificate Erste Group Express 3 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-0.310 (-0.32%) Bid96.45% Ask97.95% Last updateFeb 23, 2024
Underlying price 39.38 Change underlying-0.78% Starting value40.09 Next Express valuation level40.09
Erste Group Express 3
AT0000A2U2W8 / RC05EJ
Underlying price
EUR 39.38 (-0.78%)
Feb 23, 2024 16:30:00.000
Starting value
EUR 40.09
Observation redemption level
on the final valuation date
Early redemption level
40.09 / 40.09 / 40.09 / 40.09 / 40.09
Early redemption price
107.00% / 114.00% / 121.00% / 128.00% / 135.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Dec 09, 2021
Issue date
Dec 10, 2021
Valuation dates
Dec 07, 2022 / Dec 07, 2023 / Dec 06, 2024 / Dec 05, 2025 / Dec 07, 2026
Final valuation date
Dec 07, 2026
Maturity date
Dec 11, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Country / region of underlying
Suited market expectation
sideways, bullish
Spread homogenised
Spread in %
Product currency
Underlying currency
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
Vienna, Stuttgart

The certificate Erste Group Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 7% per year if the share of Erste 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 Erste Group shares is effected.

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