Austria Express 3

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Austria Express 3

Opportunity for yield between 108% and 140% with a maximum term of 5 years

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The Austria Express 3 certificate combines the opportunity to generate an attractive yield with the possibility for an early redemption. The ATX® Index serves as underlying for the investment product without capital protection. The Express Certificate offers an attractive profit opportunity for those investors who expect the ATX® Index to quote at or above its current level within the forthcoming five years.

Term:

The certificate has a minimum term of 1 year and a maximum term of 5 years. If the closing price of the ATX® index quotes at or above its redemption level (equal to the index’s closing price at the initial valuation date) at one of the annual valuation dates, (early) redemption is effected according to the predefined redemption price.

Yield opportunity:

If the index quotes below the starting value at the annual valuation date, the term extends by another year (up to a maximum term of five years). At the same time, the potential annual termination price rises by 8% of the nominal value annually (up to a maximum of 140%).

Safety mechanism:

In case no early redemption was effected from the first to the fourth year and if the underlying quotes below the termination level at the fifth and final valuation date, an additional safety mechanism applies: in case the closing price of the index quotes above the barrier of 60% at the final valuation date, redemption is effected at 100% of the nominal value.

If the barrier is touched or undercut at the final valuation date, redemption is effected according to the index performance (percentage performance from the index starting value to the closing price at the final valuation date). In this case a major loss of capital is possible.

Further information as well as the Key Information Document please find on the product page.

Details on the ATX® index as well as the current list of index members can be found on the website of the index provider Wiener Börse.

For any additional information you may require do not hesitate to contact us on +43 (0)1 717 07 - 5454.

The Raiffeisen Certificates Team

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Key facts:
  • Name: Österreich Express 3
  • ISIN: AT0000A33MZ8
  • Initial valuation date: May 23, 2023
  • Term: min. 0.5 years, max. 3.5 years
  • 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.