Reverse Convertible Bond Bayer AG 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+0.790 (+0.76%) Bid104.51% Ask105.26% Last updateMar 28, 2023
07:09:11.629
UTC
Barrier- StrikeEUR 58.00 Max. profit p.a.16.90% Interest rate p.a.9.89%
Name
Reverse Convertible Bond on Bayer AG
ISIN / WKN
AT0000A2VN84 / RC05VT
Underlying
Max. profit in %
12.10%
Max. profit p.a. in %
16.90%
Interest rate whole maturity
18.00%
Interest rate p.a.
9.89%
Underlying price
EUR 56.76 (+1.36%)
Mar 28, 2023 11:10:39.289
Starting value
EUR 52.95
Strike
EUR 58.00
Distance to strike in %
-2.18%
Number of shares
17.24138
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Feb 23, 2022
Issue date
Feb 24, 2022
Final valuation date
Dec 15, 2023
Maturity date
Dec 20, 2023
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1220)
Reverse Convertible Bond Type
Reverse Convertible Bond
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Issue price
100.00%
Spread homogenised
0.04
Spread in %
0.72%
Multiplier
1:0.058
Product currency
EUR
Underlying currency
EUR
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, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Comments

Standard Reverse Convertible Bonds have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Redemption at the end of the term depends on the performance of the underlying. If, at the final valuation date, the underlying closes at or above the strike, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

If the closing price is below the strike, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.