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.
Issue price100.00% Redemption price104.80% Issue dateNov 14, 2018 Maturity dateNov 15, 2023
Name
BASF Express
ISIN / WKN
AT0000A23UN8 / RC0R5Y
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 49.11 (+0.18%)
Apr 30, 2024 15:30:00.000
Starting value
EUR 69.58
Strike
EUR 69.58
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Nov 13, 2018
Issue date
Nov 14, 2018
Valuation dates
Nov 12, 2019 / Nov 12, 2020 / Nov 11, 2021 / Nov 10, 2022 / Nov 10, 2023
Final valuation date
Nov 10, 2023
Maturity date
Nov 15, 2023
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
-
Spread in %
-
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
-
Listing
Vienna
Comments

The certificate has a pre-defined maximum term. Higher early redemption is made, in case, at any of the valuation dates, the underlying quotes at or above the termination level.

If the underlying quotes below the termination level, the term extends to the next valuation date, with the subsequent termination level being reduced at the same time. At the end of the maximum term, the barrier serves as additional safety mechanism.