Express Certificate BMW Express 8 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+0.030 (+0.03%) Bid97.67% Ask99.17% Last updateApr 17, 2024
08:01:44.405
UTC
Underlying price 106.15 Change underlying-0.19% Starting value110.52 Next Express valuation level110.52
Name
BMW Express 8
ISIN / WKN
AT0000A34CV6 / RC09K5
Underlying
Underlying price
EUR 106.15 (-0.19%)
Apr 17, 2024 07:48:49.708
Starting value
EUR 110.52
Observation redemption level
on the final valuation date
Early redemption level
110.52 / 110.52 / 110.52 / 110.52 / 110.52
Early redemption price
112.00% / 124.00% / 136.00% / 148.00% / 160.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Jun 20, 2023
Issue date
Jun 21, 2023
Valuation dates
Jun 19, 2024 / Jun 19, 2025 / Jun 18, 2026 / Jun 17, 2027 / Jun 19, 2028
Final valuation date
Jun 19, 2028
Maturity date
Jun 22, 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
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.66
Spread in %
1.54%
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 BMW Express 8 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 12% per year if the share of BMW 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 BMW shares is effected.

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