Express Certificate Österreich Express 3 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-0.250 (-0.23%) Bid105.88% Ask107.38% Last updateFeb 23, 2024
18:59:59.267
UTC
Underlying price 3,384.84 Change underlying-0.83% Starting value3,184.15 Next Express valuation level3,184.15
Name
Österreich Express 3
ISIN / WKN
AT0000A33MZ8 / RC0859
Underlying
Underlying price
EUR 3,384.84 (-0.83%)
Feb 23, 2024 16:44:58.000
Starting value
EUR 3,184.15
Observation redemption level
on the final valuation date
Early redemption level
3,184.15 / 3,184.15 / 3,184.15 / 3,184.15 / 3,184.15
Early redemption price
108.00% / 116.00% / 124.00% / 132.00% / 140.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
May 23, 2023
Issue date
May 24, 2023
Valuation dates
May 22, 2024 / May 22, 2025 / May 21, 2026 / May 20, 2027 / May 22, 2028
Final valuation date
May 22, 2028
Maturity date
May 26, 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
47.76
Spread in %
1.42%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
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 Austria Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8% per year if the ATX® Index quotes at or above its starting value at one of the valuation dates. If the index 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 at the final valuation date, the investor is entirely subject to market risk.