Reverse Convertible Bond Verbund AGSustainable certificate

Issue price100.00% Redemption price- Issue dateJul 20, 2023 Maturity dateSep 25, 2024

Name
Reverse Convertible Bond on Verbund AG
ISIN / WKN
AT0000A36EK0 / RC1AYW
Underlying
Verbund AG
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Max. yield remaining term (%)
-
Max. yield p.a.
-
Interest rate total term
15.50%
Fixed interest rate annually
13.07%
Starting value
EUR 74.25
Strike
EUR 71.45
Distance to strike
5.14%
No. of shares
13.99502
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
15.50% (EUR 155.00) on Sep 20, 2024
About the term

Initial valuation date
Jul 19, 2023
Issue date
Jul 20, 2023
Final valuation date
Sep 20, 2024
Maturity date
Sep 25, 2024
Please take note of the Disclaimer in the Product Folder and/or the Factsheet.

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1220)
Reverse Convertible Bond Type
Reverse Convertible Bond
Underlying
Verbund AG
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Issue price
100.00%
Spread homogenised
-
Spread (in %)
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Stuttgart
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Product infos
Description

Reverse Convertible Bonds provide a fixed-interest rate above the market level. This interest rate is paid out, regardless of the performance of the underlying. Redemption at the end of the term (100% of the nominal value or shares, or respective amount of money) depends on the underlying price.

Types of Reverse Convertible Bonds are Protect Reverse Convertible Bonds and Plus+ Protect Reverse Convertible Bonds.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").

TRADING HOURS

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Products on underlyings of CEE, Eastern Europe and Turkey

 

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- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

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

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INFORMATION

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E: info(at)raiffeisencertificates.com