8.75% Automobile Plus Reverse Convertible Bond

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8.75% Automobile Plus Reverse Convertible Bond

2-year term, fixed interest rate of 8.75% and a barrier set at 60% of Continental, Mercedes-Benz Group and Volkswagen (observation only at the end of the term)

  • Underlyings: Continental share, Mercedes-Benz Group share, Volkswagen share

  • 8.75% fixed annual interest rate for a term of 2 years

  • 60% barrier (only active at maturity),
    share delivery if the barrier is violated (market risk)

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

With this certificate, you receive the fixed interest rate of 8.75% annually. Redemption at the end of term is affected at 100% if all 3 underlying shares quote above the barrier at the end of term. If at least one of the 3 shares quotes below the barrier, it results in delivery of shares. 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.


Underlyings:

The Reverse Convertible Bond consists of three underlyings:

  • Continental has developed from a former tire manufacturer into one of the most important automotive suppliers.
  • Mercedes-Benz Group is one of the largest suppliers of premium cars and commercial vehicles. The product range extends from high-quality small cars to trucks and buses weighing several tons.
  • Volkswagen is the world's largest automobile manufacturer in terms of sales. Its business is divided into the Automotive and Financial Services divisions.
     

⏱ During the term

  • Flexibility: You can buy and sell the certificate on the secondary market at any time.
  • 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 ➨

 


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Your Raiffeisen Certificates Team

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Key facts:
  • Name: 8,75 % Automobil Plus Aktienanleihe
  • ISIN: AT0000A3CT64
  • Initial valuation date: Jun 07, 2024
  • Term: 1.5 years
    (Maturity date: Jun 10, 2026)
  • Listing: Vienna, Stuttgart
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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.