Express Certificate Tesla Express 4

Bid119.03%
Nov 25, 2024 19:00:00.563 UTC
Ask120.53%
Nov 25, 2024 19:00:00.563 UTC
chg. 1D+0.030 (+0.03%)
Nov 25, 2024 19:00:00.563 UTC
Underlying price (indicative) 338.51 (-3.98%)
Nov 25, 2024 20:59:27.000 UTC
Starting value265.28 Next redemption level238.75 Max. yield p.a. until next observation date12.19%

Name
Tesla Express 4
ISIN / WKN
AT0000A35XK2 / RC1AP7
Underlying
Underlying price (indicative)
USD 338.51 (-3.98%)
Nov 25, 2024 20:59:27.000
Starting value
USD 265.28
Barrier
USD 159.17
Distance to barrier
52.98%
Observation barrier
on the final valuation date
(early) redemption level
265.28 / 238.75 / 212.22 / 185.70 / 159.17
Distance to next termination level
29.47%
(early) redemption amount
115.00% / 130.00% / 145.00% / 160.00% / 175.00%
Max. yield until next observation date
7.86%
Max. yield p.a. until next observation date
12.19%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jul 25, 2023
Issue date
Jul 26, 2023
Valuation dates
Jul 24, 2024 / Jul 24, 2025 / Jul 23, 2026 / Jul 22, 2027 / Jul 20, 2028
Final valuation date
Jul 20, 2028
Maturity date
Jul 27, 2028
Please take note of the Disclaimer in the Product Folder and/or the Factsheet.

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
USA
Suited market expectation
sideways, bullish
Spread homogenised
3.98
Spread (in %)
1.26%
Multiplier
-
Product currency
EUR
Underlying currency
USD
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
Past performance is no reliable indicator of future results. Less than five years have passed since the launch of this certificate.
Description

This certificate provides the opportunity for early redemption each year and enables investors to obtain a yield of 15% per year if the price of the Tesla share quotes on one of the annual valuation days at or above the annually declining termination level. In case the share price quotes below the respective termination level, the term will be extended by another year up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk.

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Products on other international underlyings and commodities
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INFORMATION

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