7.75% Austria Plus Reverse Convertible Bond

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7.75% Austria Plus Reverse Convertible Bond

2-year term, fixed interest rate of 7.75% and a barrier set at 60% of Erste Group Bank AG, OMV AG and voestalpine AG – observation only at the end of the term! 🖋️ Subscription until December 13, 2024

How the certificate works

With this certificate, you receive the fixed interest rate of 7.75% annually. Redemption at the end of term is affected at 100% if all 3 underlying shares (Erste Group Bank, OMV & voestalpine) quote above the barrier at the end of the term of 2 years. If at least one of the 3 shares quotes below the barrier, it results in delivery of shares (market risk). Only the share with the worst performance will be delivered; the value of the delivered shares will be significantly lower than the nominal amount of the Reverse Convertible Bond.

This certificates complies to Raiffeisen Certificates' sustainability standard and takes into account important Prubcuoak Adverse Impacts on sustainability factors (PAIs). 


Underlyings

The Reverse Convertible Bond consists of three Austrian underlyings:

  • Erste Group Bank AG, the universal bank with a focus on the private client sector, concentrates primarily on the markets of Central and Eastern Europe.
  • OMV AG is an integrated, international oil and gas company with activities in the up- and downstream sector.
  • voestalpine AG is one of the world's leading technology groups in its business areas with a focus on product and system solutions made of steel and other metals.
     

⏱ During the term

  • Flexibility: You can buy and sell the certificate during trading hours at the current price.
  • The price of the certificate is subject to various influencing factors, including the performance of the underlying assets, their fluctuation range, correlation and dividend expectations as well as the interest rate level. This price may fall below the issue price and fluctuate sharply, especially if the underlying is close to the barrier.
     

⚠️ Issuer risk / Bail-in

Certificates are not covered by the Deposit Protection Scheme. Investors are exposed to the risk that Raiffeisen Bank International AG might be unable to fulfil its payment obligations in respect of the described financial instrument such as in the event of insolvency (issuer risk) or an official directive (Bail-in). A total loss of the capital invested is possible - further information ➨

An investment in investment products is associated with opportunities and risks. Please note the issuer risk.

 

Contact 💬 We are your contact persons

Easy to reach and personally on hand to answer any questions. That's what we are at Raiffeisen Certificates, because we attach great importance to being there for you when you need us.

📰 Certificates in Subscription

 

 

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Key facts:
  • Name: 7,75 % Österreich Plus Aktienanleihe
  • ISIN: AT0000A3GA79
  • Subscription period: Nov 11, - Dec 02, 2024
  • Initial valuation date: Dec 03, 2024
  • Term: 2 years
    (Maturity date: Dec 04, 2026)
  • Listing: Vienna, Stuttgart
  • Issue price: 100.00%
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Disclaimer
This is advertising. This non-binding information does not constitute advice, recommendation or invitation to conclude a transaction. The presentation is of a generic nature, does not take into account the personal circumstances of potential investors and therefore cannot replace individual investor and investment-oriented advice and risk disclosure. This advertisement has not been prepared in compliance with the legal provisions promoting the independence of investment research and is not subject to the ban on trading following the dissemination of investment research. A base prospectus (including any supplements) that complies with the Austrian Capital Market Act and has been approved by the competent authorities (CSSF, FMA) is available on the website of Raiffeisen Bank International AG (raiffeisencertificates.com/en/securities-prospectus/). The approval of the base prospectus by the competent authorities is not to be understood as an endorsement by the competent authorities of the financial instruments described herein. We recommend reading the prospectus before making an investment decision. Important additional information on the products described (in particular their opportunities and risks) can be found on the website of Raiffeisen Bank International AG at raiffeisencertificates.com/en/; in particular, the approved base prospectus (including any supplements) can be found at (raiffeisencertificates.com/en/securities-prospectus/) and under "Customer Information and Regulatory Issues" at raiffeisencertificates.com/en/customer-information/. Regulatory authorities: Austrian Financial Market Authority (FMA), European Central Bank (ECB). Imprint according to Austrian media law: Media owner and producer is Raiffeisen Bank International AG, Am Stadtpark 9, 1030 Vienna/Austria.