Express Certificate Tesla Express 4

Bid97.97%
Aug 23, 2024 17:59:59.884 UTC
Ask99.47%
Aug 23, 2024 17:59:59.884 UTC
chg. 1D+1.030 (+1.05%)
Aug 23, 2024 17:59:59.884 UTC
Underlying price (indicative) 220.23 (+4.69%)
Aug 23, 2024 19:59:55.000 UTC
Starting value265.28 Next redemption level238.75 Max. yield p.a. until next observation date33.98%

Name
Tesla Express 4
ISIN / WKN
AT0000A35XK2 / RC1AP7
Underlying
Underlying price (indicative)
USD 220.23 (+4.69%)
Aug 23, 2024 19:59:55.000
Starting value
USD 265.28
Barrier
USD 159.17
Distance to barrier
27.73%
Observation barrier
on the final valuation date
(early) redemption level
265.28 / 238.75 / 212.22 / 185.70 / 159.17
Distance to next termination level
-8.41%
(early) redemption amount
115.00% / 130.00% / 145.00% / 160.00% / 175.00%
Max. yield until next observation date
30.69%
Max. yield p.a. until next observation date
33.98%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jul 25, 2023
Issue date
Jul 26, 2023
Valuation dates
Jul 24, 2024 / Jul 24, 2025 / Jul 23, 2026 / Jul 22, 2027 / Jul 20, 2028
Final valuation date
Jul 20, 2028
Maturity date
Jul 27, 2028

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Underlying
Country / region of underlying
USA
Suited market expectation
sideways, bullish
Spread homogenised
3.98
Spread (in %)
1.53%
Multiplier
-
Product currency
EUR
Underlying currency
USD
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

This certificate provides the opportunity for early redemption each year and enables investors to obtain a yield of 15% per year if the price of the Tesla share quotes on one of the annual valuation days at or above the annually declining termination level. In case the share price quotes below the respective termination level, the term will be extended by another year up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk.

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INFORMATION

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