Reverse Convertible Bond AT & S 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-0.060 (-0.08%) Bid74.74% Ask1.00% Last updateFeb 26, 2024
08:38:17.323
UTC
Barrier- StrikeEUR 37.00 Max. profit p.a.- Interest rate p.a.14.60%
Name
Reverse Convertible Bond on AT & S AG
ISIN / WKN
AT0000A313A9 / RC08CA
Underlying
Max. profit in %
-
Max. profit p.a. in %
-
Interest rate whole maturity
21.00%
Interest rate p.a.
14.60%
Underlying price
EUR 19.90 (-1.39%)
Feb 26, 2024 11:18:58.565
Starting value
EUR 32.85
Strike
EUR 37.00
Distance to strike in %
-85.93%
Distance Barrier
-
Barrier reached
yes (Barrier: EUR 29.60)
Number of shares
27.02703
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Oct 11, 2022
Issue date
Oct 12, 2022
Final valuation date
Mar 15, 2024
Maturity date
Mar 20, 2024
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
-
Spread in %
-
Multiplier
1:0.037
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, Stuttgart
Comments

Reverse Convertible Bonds with a barrier have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Reverse Convertible Bonds with a barrier have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, 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.