Reverse Convertible Bond STRABAG SE 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+0.320 (+0.30%) Bid- Ask- Last updateSep 22, 2023
15:16:17.223
UTC
Barrier- StrikeEUR 39.00 Max. profit p.a.- Interest rate p.a.12.48%
Name
Reverse Convertible Bond on STRABAG SE
ISIN / WKN
AT0000A346X1 / RC09EK
Underlying
Max. profit in %
-
Max. profit p.a. in %
-
Interest rate whole maturity
17.50%
Interest rate p.a.
12.48%
Underlying price
EUR 38.20 (+0.39%)
Sep 22, 2023 15:30:00.000
Starting value
EUR 39.55
Strike
EUR 39.00
Distance to strike in %
-2.09%
Number of shares
25.64103
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Apr 28, 2023
Issue date
May 02, 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 (1220)
Reverse Convertible Bond Type
Reverse Convertible Bond
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Issue price
100.00%
Spread homogenised
-
Spread in %
-
Multiplier
1:0.039
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, Frankfurt, 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, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.