Express Certificate SX5E, NDXNNEE5 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 price108.00% Issue dateAug 31, 2023 Maturity dateAug 31, 2028
Name
SX5E, NDXNNEE5 Express
ISIN / WKN
AT0000A36G86 / RC1AZ7
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
-
Starting value
CZK 100.00
Strike
CZK 100.00
Denomination / nominal
CZK 1,000
About the term
Initial valuation date
Aug 30, 2023
Issue date
Aug 31, 2023
Valuation dates
Aug 28, 2024 / Aug 27, 2025 / Aug 27, 2026 / Aug 27, 2027 / Aug 28, 2028
Final valuation date
Aug 28, 2028
Maturity date
Aug 31, 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
-
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread in %
-
Multiplier
-
Product currency
CZK
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.