Reverse Convertible Bond 6,75 % Deutschland 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.
Issue price100.00% Redemption price- Issue dateFeb 17, 2020 Maturity dateFeb 17, 2022
6,75 % Deutschland Aktienanleihe
AT0000A2CEE6 / RC0WU7
Capital protection amount
Participation factor
Coupon p.a. in %
Underlying price
Starting value
EUR 100.00
EUR 100.00
Denomination / nominal
EUR 1,000
Payed Coupons
6.75% on Feb 16, 2021
6.75% on Feb 16, 2022
About the term
Initial valuation date
Feb 14, 2020
Issue date
Feb 17, 2020
Final valuation date
Feb 14, 2022
Maturity date
Feb 17, 2022
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Country / region of underlying
Suited market expectation
sideways, bullish
Observation barrier
Closing Price
Issue price
Spread homogenised
Spread in %
Product currency
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, Romania, Slovenia
Vienna, Frankfurt, Stuttgart

The 6.75% Germany Reverse Convertible Bond is redeemed at 100% nominal value at the maturity date (February 2022), provided that, during the observation period, the closing price of each of the three underlying shares (Continental AG, E.ON SE and Munich Re AG) always quoted above the barrier of 55% of the strike (daily observation). The interest amount of 6.75% is paid out annually, regardless of the performance of the underlying shares.In case the barrier is touched or undercut by at least one of the underlying shares and at least one of the underlying shares quotes below its strike at the final valuation date, the predefined amount of the worst performing share will be delivered. If all three underlying shares quote at or above their strike at the final valuation date, the product is redeemed at 100% nominal value despite a barrier event.

The barrier has been touched by Continental AG on March 16, 2020