Express Certificate voestalpine Express 12 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-0.430 (-0.49%) Bid86.45% Ask87.95% Last updateFeb 23, 2024
18:59:59.543
UTC
Underlying price 25.26 Change underlying-0.08% Starting value30.68 Next Express valuation level30.68
Name
voestalpine Express 12
ISIN / WKN
AT0000A330K2 / RC08UF
Underlying
Underlying price
EUR 25.26 (-0.08%)
Feb 23, 2024 16:30:00.000
Starting value
EUR 30.68
Observation redemption level
on the final valuation date
Early redemption level
30.68 / 30.68 / 30.68 / 30.68 / 30.68
Early redemption price
111.50% / 123.00% / 134.50% / 146.00% / 157.50%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Apr 19, 2023
Issue date
Apr 20, 2023
Valuation dates
Apr 18, 2024 / Apr 16, 2025 / Apr 16, 2026 / Apr 16, 2027 / Apr 18, 2028
Final valuation date
Apr 18, 2028
Maturity date
Apr 21, 2028
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.46
Spread in %
1.74%
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 voestalpine Express 12 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 11.5% per year if the share of voestalpine AG 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 voestalpine shares is effected.