Express Certificate Infineon Express 2 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-1.200 (-1.14%) Bid102.98% Ask104.48% Last updateFeb 23, 2024
18:59:59.543
UTC
Underlying price 33.10 Change underlying-1.59% Starting value33.9 Next Express valuation level33.90
Name
Infineon Express 2
ISIN / WKN
AT0000A32RS4 / RC08TS
Underlying price
EUR 33.10 (-1.59%)
Feb 23, 2024 16:30:00.000
Starting value
EUR 33.90
Observation redemption level
on the final valuation date
Early redemption level
33.90 / 30.51 / 27.12 / 23.73 / 20.34
Early redemption price
109.50% / 119.00% / 128.50% / 138.00% / 147.50%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Mar 16, 2023
Issue date
Mar 17, 2023
Valuation dates
Mar 14, 2024 / Mar 13, 2025 / Mar 13, 2026 / Mar 15, 2027 / Mar 15, 2028
Final valuation date
Mar 15, 2028
Maturity date
Mar 20, 2028
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
0.51
Spread in %
1.46%
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 2 provides the opportunity for early redemption each year and enables investors to obtain a yield of 9.5% per year of term if the price of the Infineon share quotes at or above the annually declining termination level on one of the valuation dates. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of five years. In the event of a barrier (60% of the starting value) violation at the end of term, the investor is entirely subject to market risk. In this case, a significant loss of capital is possible.

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