Express Certificate Erste Group 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.
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Name
Erste Group Express 5
ISIN / WKN
AT0000A36G45 / RC1AZ6
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 39.38 (-0.78%)
Feb 23, 2024 16:30:00.000
Starting value
EUR 32.69
Strike
EUR 32.69
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Sep 13, 2023
Issue date
Sep 14, 2023
Valuation dates
Sep 12, 2024 / Sep 11, 2025 / Sep 10, 2026 / Sep 10, 2027 / Sep 12, 2028
Final valuation date
Sep 12, 2028
Maturity date
Sep 15, 2028
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
Austria
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, Stuttgart
Comments

The certificate Erste Group Express 5 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8.75% per year if the share of Erste Group Bank AG quotes on one of the annual valuation days at or above the annually declining termination level. If the share quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation (60 % of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of Erste Group Bank shares is effected.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").