Reverse Convertible Bond Erste Group Bank AG 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+0.200 (+0.19%) Bid- Ask- Last updateDec 23, 2024
08:16:15.695
UTC
Barrier- StrikeEUR 47.00 Max. profit p.a.- Interest rate p.a.8.27%
Name
Reverse Convertible Bond on Erste Group Bank AG
ISIN / WKN
AT0000A3FJ48 / RC1FVD
Underlying
Max. profit in %
-
Max. profit p.a. in %
-
Interest rate whole maturity
12.50%
Interest rate p.a.
8.27%
Underlying price
EUR 59.10 (+0.77%)
Dec 23, 2024 16:30:00.000
Starting value
EUR 47.89
Strike
EUR 47.00
Distance to strike in %
20.47%
Number of shares
21.27660
Denomination / nominal
EUR 1,000
About the term
Initial valuation date
Sep 18, 2024
Issue date
Sep 19, 2024
Final valuation date
Mar 20, 2026
Maturity date
Mar 25, 2026
Product classification
Investment Product without Capital Protection
Security type (eusipa Nr.)
Reverse Convertible Bond (1220)
Reverse Convertible Bond Type
Reverse Convertible Bond
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Issue price
100.00%
Spread homogenised
-
Spread in %
-
Multiplier
1:0.047
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Tax treatment
Capital Gains Tax / EU Withholding Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Liechtenstein, Romania, Slovenia
Listing
Vienna, Stuttgart
Product info
Comments

Reverse Convertible Bonds provide a fixed-interest rate above the market level. This interest rate is paid out, regardless of the performance of the underlying. Redemption at the end of the term (100% of the nominal value or shares, or respective amount of money) depends on the underlying price.

Types of Reverse Convertible Bonds are Protect Reverse Convertible Bonds and Plus+ Protect Reverse Convertible Bonds.