Top Pick Reverse Convertible Bond Erste Group Bank AGSustainable certificate

Bid103.59%
Nov 25, 2024 16:30:00.463 UTC
Ask103.84%
Nov 25, 2024 16:30:00.463 UTC
chg. 1D-0.390 (-0.37%)
Nov 25, 2024 16:30:00.463 UTC
Underlying price (delayed) 51.36 (-1.19%)
Nov 25, 2024 16:35:07.023 UTC
Barrier- StrikeEUR 49.00 Max. yield p.a.7.66% Interest rate p.a.9.59%

Name
Reverse Convertible Bond on Erste Group Bank AG
ISIN / WKN
AT0000A3FJ55 / RC1FVE
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Max. yield remaining term (%)
10.27%
Max. yield p.a.
7.66%
Interest rate total term
14.50%
Fixed interest rate annually
9.59%
Underlying price (delayed)
EUR 51.36 (-1.19%)
Nov 25, 2024 16:35:07.023
Starting value
EUR 47.89
Strike
EUR 49.00
Distance to strike
4.60%
No. of shares
20.40816
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Sep 18, 2024
Issue date
Sep 19, 2024
Final valuation date
Mar 20, 2026
Maturity date
Mar 25, 2026
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 (1220)
Reverse Convertible Bond Type
Reverse Convertible Bond
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Issue price
100.00%
Spread homogenised
0.01
Spread (in %)
0.24%
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 provide a fixed-interest rate above the market level. This interest rate is paid out, regardless of the performance of the underlying. Redemption at the end of the term (100% of the nominal value or shares, or respective amount of money) depends on the underlying price.

Types of Reverse Convertible Bonds are Protect Reverse Convertible Bonds and Plus+ Protect Reverse Convertible Bonds.

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

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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

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