Express Certificate Mercedes-Benz Express 7 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.
Change-- Bid- Ask- Last update-
Name
Mercedes-Benz Express 7
ISIN / WKN
AT0000A36X10 / RC1A0T
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 71.50 (+0.02%)
Feb 23, 2024 16:30:00.000
Starting value
EUR 64.18
Strike
EUR 64.18
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Oct 18, 2023
Issue date
Oct 19, 2023
Valuation dates
Oct 17, 2024 / Oct 16, 2025 / Oct 15, 2026 / Oct 15, 2027 / Oct 16, 2028
Final valuation date
Oct 16, 2028
Maturity date
Oct 19, 2028
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, Stuttgart
Comments

The certificate Mercedes-Benz Express 7 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 9% per year if the share of Mercedes-Benz 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 Mercedes-Benz shares is effected.