Express Certificate BASF Express 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+0.190 (+0.18%) Bid105.32% Ask106.82% Last updateFeb 23, 2024
18:59:59.407
UTC
Underlying price 46.67 Change underlying+0.37% Starting value42.66 Next Express valuation level42.66
Name
BASF Express
ISIN / WKN
AT0000A34CW4 / RC09K6
Underlying
Underlying price
EUR 46.67 (+0.37%)
Feb 23, 2024 16:30:00.000
Starting value
EUR 42.66
Observation redemption level
on the final valuation date
Early redemption level
42.66 / 38.39 / 34.12 / 29.86 / 25.59
Early redemption price
108.50% / 117.00% / 125.50% / 134.00% / 142.50%
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
New Level Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
0.64
Spread in %
1.42%
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 BASF Express provides the opportunity for early redemption each year and enables investors to obtain a yield of 8.5% per year of term if the price of the BASF share quotes at or above the annually declining termination level on one of the valuation dates. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of five years. In the event of a barrier (60% of the starting value) violation at the end of term, the investor is entirely subject to market risk. In this case, a significant loss of capital is possible.