Top Pick Express Certificate Österreich Express 4

Bid99.03%
Jul 19, 2024 17:59:59.456 UTC
Ask100.53%
Jul 19, 2024 17:59:59.456 UTC
chg. 1D-0.110 (-0.11%)
Jul 19, 2024 17:59:59.456 UTC
Underlying price (indicative) 3,643.34 (-0.29%)
Jul 19, 2024 20:00:26.000 UTC
Starting value3,658.69 Next redemption level3,658.69 Max. yield p.a. until next observation date8.52%

Name
Österreich Express 4
ISIN / WKN
AT0000A3CT72 / RC1EFS
Underlying
Underlying price (indicative)
EUR 3,643.34 (-0.29%)
Jul 19, 2024 20:00:26.000
Starting value
EUR 3,658.69
Barrier
EUR 2,195.21
Distance to barrier
39.75%
Observation barrier
on the final valuation date
(early) redemption level
3,658.69 / 3,658.69 / 3,658.69 / 3,658.69
Distance to next termination level
-0.42%
(early) redemption amount
108.00% / 116.00% / 124.00% / 132.00%
Max. yield until next observation date
7.43%
Max. yield p.a. until next observation date
8.52%
Tradeable unit/nominal value
EUR 1,000
About the term

Initial valuation date
Jun 07, 2024
Issue date
Jun 10, 2024
Valuation dates
Jun 06, 2025 / Jun 08, 2026 / Jun 08, 2027 / Jun 08, 2028
Final valuation date
Jun 08, 2028
Maturity date
Jun 13, 2028

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
54.88
Spread (in %)
1.51%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Liechtenstein, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

The certificate Austria Express 4 you have an annual yield opportunity of 8% as well as the option of early redemption. If the underlying is at or above the starting value on one of the annual valuation dates, (early) redemption is affected including interest of 8% per year of term. In the event of a barrier violation at the end of term, investors are exposed to market risk on a one-to-one basis This means in this case that a significant loss of capital is possible.

TRADING HOURS

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Products on underlyings of CEE, Eastern Europe and Turkey

 

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Products on other international underlyings and commodities
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INFORMATION

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