Reverse Convertible Bond Vienna Insurance Group AG Wiener Versicherung GruppeSustainable certificate

Bid98.52%
Sep 26, 2024 15:30:06.575 UTC
Ask98.77%
Sep 26, 2024 15:30:06.575 UTC
chg. 1D+0.620 (+0.63%)
Sep 26, 2024 15:30:06.575 UTC
Underlying price (delayed) 30.15 (+1.34%)
Sep 26, 2024 15:35:13.333 UTC
BarrierEUR 25.60 StrikeEUR 32.00 Max. yield p.a.8.92% Interest rate p.a.7.36%

Name
Reverse Convertible Bond on Vienna Insurance Group AG Wiener Versicherung Gruppe
ISIN / WKN
AT0000A3FEN8 / RC1FT2
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Max. yield remaining term (%)
8.84%
Max. yield p.a.
8.92%
Interest rate total term
7.50%
Fixed interest rate annually
7.36%
Underlying price (delayed)
EUR 30.15 (+1.34%)
Sep 26, 2024 15:35:13.333
Starting value
EUR 30.35
Strike
EUR 32.00
Barrier
EUR 25.60
Distance to strike
-6.14%
Distance to barrier
15.09%
Barrier reached
no
No. of shares
31.25000
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Sep 16, 2024
Issue date
Sep 17, 2024
Final valuation date
Sep 19, 2025
Maturity date
Sep 24, 2025

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
0.01
Spread (in %)
0.25%
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Liechtenstein, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

Reverse Convertible Bonds with a barrier have a fixed interest rate above the market level. The interest amount is paid out regardless of the performance of the underlying. Reverse Convertible Bonds with a barrier have a barrier which is set below the strike and is observed on a continuous basis. Redemption at the end of the term depends on the performance of the underlying. If the underlying, during the term, always quotes above the barrier, the Reverse Convertible Bond is redeemed at 100% of the nominal value.

In case the barrier is touched or undercut AND, at the final valuation date, the closing price is below the strike, the investor obtains shares per nominal value in the amount predefined at the issue date. The difference to the integral number is paid out.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com