Turbo Certificate Short Verbund AG 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-0.100 (-4.98%) BidEUR 1.900 AskEUR 1.920 Last updateDec 23, 2024
16:30:08.784
UTC
Underlying price 70.20 (+1.34%) BarrierEUR 82.34 Barr. Dist. %17.29% Leverage3.66
Name
Turbo Certificate Verbund AG
ISIN / WKN
AT0000A3A0Q7 / RC1CT1
Underlying
Underlying price
EUR 70.20 (+1.34%)
Dec 23, 2024 16:30:00.000
Strike
EUR 89.03
Leverage
3.66
Long/ short
Short
Denomination / nominal
1 unit
Multiplier
1:10
Product currency
EUR
Listing
Vienna, Stuttgart
About the term
Initial valuation date
Jan 22, 2024
Issue date
Jan 23, 2024
Final valuation date
-
Maturity date
open-end
Product classification
Leverage Product with Knock-Out
Security type (eusipa Nr.)
Turbo Certificate (2210)
Turbo Certificate Type
Turbo Certificate Short
Underlying
Country / region of underlying
Austria
Suited market expectation
bearish
Issue price
1.68 EUR
Spread homogenised
0.20
Spread in %
1.05%
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
Product info
Comments

Turbo Certificates enable investors to participate with a leverage effect in the performance of the underlying. Short Turbo Certificates provide investors with above average profit opportunities in falling markets. If the underlying touches or surpasses the barrier (knock-out level), the Turbo Certificate expires prematurely. The investor may incur a total loss of the invested capital.

Barrier and strike are adjusted on a daily basis. In case the underlying quotes in a currency different to that of the certificate or in case the underlying is a commodity future (roll over), a deviation may occur.

Issuer risk / creditor participation: Certificates are not covered by the deposit protection system. There is a risk that Raiffeisen Bank International AG may not be able to meet its payment obligations due to insolvency (issuer risk) or any official orders ("bail-in"). In such cases, the invested capital may be lost in full.

For further information on this product category, please refer to our brochure on Turbo Certificates.