Express Certificate 9% SX5E, SX7E Stepdown Express (HUF) 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 price118.00% Issue dateApr 27, 2021 Maturity dateApr 28, 2026
Name
9% SX5E, SX7E Stepdown Express (HUF)
ISIN / WKN
AT0000A2QBW4 / RC03FM
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
-
Starting value
HUF 100.00
Strike
HUF 100.00
Denomination / nominal
HUF 10,000
About the term
Initial valuation date
Apr 26, 2021
Issue date
Apr 27, 2021
Valuation dates
Apr 25, 2022 / Apr 25, 2023 / Apr 25, 2024 / Apr 24, 2025 / Apr 23, 2026
Final valuation date
Apr 23, 2026
Maturity date
Apr 28, 2026
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
-
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread in %
-
Multiplier
-
Product currency
HUF
Underlying currency
-
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
Listing
Stuttgart
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.