With the Europe Bond Guarantee Certificate investors obtain — based on the issue price — at least 14% bonus yield at the end of the term (December 2021), provided that the EURO STOXX 50® index quotes at or above the starting value at the end of the term. If the EURO STOXX 50® quotes 14% or more above the starting value, the certificate will be redeemed at 128%. If so, the Europe Bond Guarantee Certificate will be redeemed at EUR 1,280.00 per nominal value (maximum amount).
In case the EURO STOXX 50® quotes below the starting value at the end of the term, redemption at the maturity date will be effected at 100% of the nominal value (capital guarantee).
- Product issue price: 100% (corr. to starting value underl.: 3,162.77)
- Product issue price +14%: 114% (corresponds to underlying: 3,605.56)