Top Pick Reverse Convertible Bond BAWAG Group AGSustainable certificate

Bid114.29%
Oct 31, 2024 16:30:06.417 UTC
Ask114.54%
Oct 31, 2024 16:30:06.417 UTC
chg. 1D+0.170 (+0.15%)
Oct 31, 2024 16:30:06.417 UTC
Underlying price (indicative) 71.00 (+1.94%)
Oct 31, 2024 18:09:16.000 UTC
BarrierEUR 48.00 StrikeEUR 60.00 Max. yield p.a.5.33% Interest rate p.a.13.72%

Name
Reverse Convertible Bond on BAWAG Group AG
ISIN / WKN
AT0000A3C4R5 / RC1D56
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Max. yield remaining term (%)
4.77%
Max. yield p.a.
5.33%
Interest rate total term
20.00%
Fixed interest rate annually
13.72%
Underlying price (indicative)
EUR 71.00 (+1.94%)
Oct 31, 2024 18:09:16.000
Starting value
EUR 60.00
Strike
EUR 60.00
Barrier
EUR 48.00
Distance to strike
15.49%
Distance to barrier
32.39%
Barrier reached
no
No. of shares
16.66667
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Apr 09, 2024
Issue date
Apr 10, 2024
Final valuation date
Sep 19, 2025
Maturity date
Sep 24, 2025
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.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Bonds
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Observation barrier
continuously
Issue price
100.00%
Spread homogenised
0.01
Spread (in %)
0.22%
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
Past performance is no reliable indicator of future results. Less than five years have passed since the launch of this certificate.
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

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Products on underlyings of CEE, Eastern Europe and Turkey

 

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Products on other international underlyings and commodities
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