Reverse Convertible Bond 11 % US-Technologie Plus Aktienanleihe 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-0.500 (-0.47%) Bid106.45% Ask107.95% Last updateNov 21, 2024
08:09:06.993
UTC
BarrierEUR 60.00 StrikeEUR 100.00 Max. profit p.a.7.77% Interest rate p.a.11.00%
Name
Reverse Convertible Bond on Worst of Basket
ISIN / WKN
AT0000A3DXF9 / RC1E3E
Underlying
Max. profit in %
13.02%
Max. profit p.a. in %
7.77%
Interest rate whole maturity
-
Interest rate p.a.
11.00%
Underlying price
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 60.00
Distance to strike in %
-
Distance Barrier
-
Barrier reached
no
Number of shares
-
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Aug 13, 2024
Issue date
Aug 14, 2024
Final valuation date
Aug 11, 2026
Maturity date
Aug 14, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Plus Bonds
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
100.00%
Spread homogenised
1.50
Spread in %
1.41%
Multiplier
-
Product currency
EUR
Underlying currency
-
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, Liechtenstein, Romania, Slovenia
Listing
Vienna, Stuttgart
Comments

With the 11% US-Technology Plus Reverse Convertible Bond you receive the fixed interest rate of 11% annually. Redemption at the end of term is affected at 100% if all 3 underlying shares (Alphabet, Microsoft & NVIDIA) quote above the barrier at the end of term. If at least one of the 3 shares quotes below the barrier, it results in delivery of shares. Only the share with the worst performance will be delivered; the value of the delivered shares will be significantly lower than the nominal amount of the Reverse Convertible Bond.