Reverse Convertible Bond ATX® 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-0.140 (-0.13%) Bid- Ask- Last updateFeb 23, 2024
08:16:15.883
UTC
BarrierEUR 2,740.00 StrikeEUR 3,425.00 Max. profit p.a.- Interest rate p.a.7.96%
Name
Reverse Convertible Bond on ATX®
ISIN / WKN
AT0000A33QY2 / RC0884
Underlying
Max. profit in %
-
Max. profit p.a. in %
-
Interest rate whole maturity
11.50%
Interest rate p.a.
7.96%
Underlying price
EUR 3,384.84 (-0.83%)
Feb 23, 2024 16:44:58.000
Starting value
EUR 3,258.03
Strike
EUR 3,425.00
Barrier
EUR 2,740.00
Distance to strike in %
-1.19%
Distance Barrier
19.05%
Barrier reached
no
Number of shares
0.29197
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Apr 14, 2023
Issue date
Apr 17, 2023
Final valuation date
Sep 20, 2024
Maturity date
Sep 25, 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
1:3.42501
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
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
Product info
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, payout is effected analogue to the performance of the underlying.