Express Certificate SPX/SDGP Express (USD)

Issue price100.00% Redemption price115.00% Issue dateJun 30, 2021 Knock-OutJul 01, 2024

Name
SPX/SDGP Express (USD)
ISIN / WKN
AT0000A2RAR4 / RC03SP
Underlying
Starting value
USD 100.00
Barrier
USD 60.00
Observation barrier
on the final valuation date
(early) redemption level
100.00 / 95.00 / 90.00 / 85.00 / 80.00
Distance to next termination level
15.36%
(early) redemption amount
105.00% / 110.00% / 115.00% / 120.00% / 125.00%
Max. yield until next observation date
-
Max. yield p.a. until next observation date
-
Tradeable unit/nominal value
USD 1,000
About the term

Initial valuation date
Jun 29, 2021
Issue date
Jun 30, 2021
Valuation dates
Jun 28, 2022 / Jun 28, 2023 / Jun 28, 2024 / Jun 26, 2025 / Jun 26, 2026
Final valuation date
Jun 26, 2026
Maturity date
Jul 01, 2024

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
-
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread (in %)
-
Multiplier
-
Product currency
USD
Underlying currency
USD
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, Romania, Slovenia
Listing
Stuttgart
Description

The certificate has a pre-defined maximum term. Higher early redemption is made, in case, at any of the valuation dates, the underlying quotes at or above the termination level.

If the underlying quotes below the termination level, the term extends to the next valuation date, with the subsequent termination level being reduced at the same time. At the end of the maximum term, the barrier serves as additional safety mechanism.

TRADING HOURS

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Products on underlyings of CEE, Eastern Europe and Turkey

 

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9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

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