Express Certificate Mercedes-Benz Express 5 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 price110.00% Issue dateJul 27, 2022 Maturity dateJul 28, 2027
Name
Mercedes-Benz Express 5
ISIN / WKN
AT0000A2YCT2 / RC06YV
Underlying price
EUR 73.17 (+0.83%)
May 07, 2024 09:56:42.040
Starting value
EUR 54.27
Observation redemption level
on the final valuation date
Early redemption level
54.27 / 48.84 / 43.42 / 37.99 / 32.56
Early redemption price
110.00% / 120.00% / 130.00% / 140.00% / 150.00%
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Jul 26, 2022
Issue date
Jul 27, 2022
Valuation dates
Jul 25, 2023 / Jul 25, 2024 / Jul 24, 2025 / Jul 23, 2026 / Jul 23, 2027
Final valuation date
Jul 23, 2027
Maturity date
Jul 28, 2027
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
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
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Comments

The Mercedes-Benz Express 5 certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 10% per year if the price of the Mercedes-Benz Group share quotes at or above the annually declining termination level. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk and physical delivery of Mercedes-Benz Group shares is effected.