How the certificate works
With this certificate, you have an annual yield opportunity of 10.5% as well as the option of early redemption. If the underlying (Erste Group Bank AG) is at or above the starting level on one of the annual valuation dates, (early) redemption is affected including interest of 10.5% per year of term (max. 5 years). If the underlying quotes at or below the barrier at the end of term, shares are delivered (market risk); the value of the shares delivered will be significantly lower than the nominal amount of the certificate.
Underlying
The share of Erste Group Bank AG. serves as underlying for the certificate. Erste Group Bank AG is one of the largest financial services providers in Central and Eastern Europe in terms of customer numbers and total assets.
⏱ 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 underlying assets, their fluctuation range, correlation and dividend expectations as well as the interest rate level. This price may fall below the issue price and fluctuate sharply, especially if the underlying is close to the barrier.
⚠️ 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.
