Express Certificate Österreich Express 3

Issue price100.00% Redemption price108.00% Issue dateMay 24, 2023 Knock-OutMay 27, 2024

Name
Österreich Express 3
ISIN / WKN
AT0000A33MZ8 / RC0859
Underlying
Starting value
EUR 3,184.15
Barrier
EUR 1,910.49
Observation barrier
on the final valuation date
(early) redemption level
3,184.15 / 3,184.15 / 3,184.15 / 3,184.15 / 3,184.15
Distance to next termination level
10.02%
(early) redemption amount
108.00% / 116.00% / 124.00% / 132.00% / 140.00%
Max. yield until next observation date
-
Max. yield p.a. until next observation date
-
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
May 23, 2023
Issue date
May 24, 2023
Valuation dates
May 22, 2024 / May 22, 2025 / May 21, 2026 / May 20, 2027 / May 22, 2028
Final valuation date
May 22, 2028
Maturity date
May 27, 2024
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
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread (in %)
-
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
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
Description

The certificate Austria Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8% per year if the ATX® Index quotes at or above its starting value at one of the valuation dates. If the index quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation at the final valuation date, the investor is entirely subject to market risk.

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