How the certificate works
This certificate offers you an annual fixed interest rate of 4.6%. At the end of the term, redemption is effected at 100% provided that both underlyings (EURO STOXX 50® Index and S&P 500® Index) always quoted above the barrier of 49% of their respective starting value during the term of 4 years. In the event of a barrier violation during the term by at least one of the underlyings, investors are exposed to full market risk; this means a substantial capital loss is possible.
Underlying
This certificate is based on two well-known stock indices. The EURO STOXX 50® index and the S&P 500® index serve as underlyings for this certificate. Details on the EURO STOXX 50® index as well as the current list of index members can be found on the website of the index provider STOXX Ltd. For details on the S&P 500® Index visit spglobal.com.
⏱ During the term
- Flexibility: You can buy and sell the certificate during trading hours at the current price.
- The price of the certificate is subject to various influencing factors, including the performance of the underlyings, their volatility, correlation and dividend expectations as well as the interest rate level. This price may fall below the issue price and, especially if at least one of the underlyings is close to the barrier, may fluctuate strongly.
⚠️ Issuer risk / Bail-in
Certificates are not covered by the Deposit Protection Scheme. Investors are exposed to the risk that Raiffeisen Bank International AG might be unable to fulfil its payment obligations in respect of the described financial instrument such as in the event of insolvency (issuer risk) or an official directive (Bail-in). A total loss of the capital invested is possible - further information ➨
An investment in investment products is associated with opportunities and risks. Please note the issuer risk.
