Turbo Certificate Short 11 Bit Studios SA

Issue price12.26 PLN Redemption price8.70 PLN Issue dateMay 27, 2024 Knock-OutMay 27, 2024

Name
Turbo Certificate 11 Bit Studios SA
ISIN / WKN
AT0000A3D2Y4 / RC1ELL
WSE Ticker
RBITS11B4
Barrier
-
Barrier reached
yes (Barrier: PLN 609.03)
Strike
PLN 696.04
Leverage
-
Long/ short
Short
Tradeable unit/nominal value
1 unit
Multiplier
0.1
Product currency
PLN
Listing
-
About the term

Initial valuation date
May 24, 2024
Issue date
May 27, 2024
Final valuation date
-
Maturity date
open-end
Please take note of the Disclaimer in the Product Folder and/or the Factsheet.

Product classification
Leverage Product with Knock-Out
Security type (Eusipa No.)
Turbo Certificate (2210)
Turbo Certificate Type
Turbo Certificate Short
Country / region of underlying
Poland
Suited market expectation
bearish
Issue price
12.26 PLN
Spread homogenised
-
Spread (in %)
-
Underlying currency
PLN
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
Description

Turbo Certificates enable investors to participate with a leverage effect in the performance of the underlying. Short Turbo Certificates provide investors with above average profit opportunities in falling markets. If the underlying touches or surpasses the barrier (knock-out level), the Turbo Certificate expires prematurely. The investor may incur a total loss of the invested capital.

Barrier and strike are adjusted on a daily basis. In case the underlying quotes in a currency different to that of the certificate or in case the underlying is a commodity future (roll over), a deviation may occur.

Issuer risk / creditor participation: Certificates are not covered by the deposit protection system. There is a risk that Raiffeisen Bank International AG may not be able to meet its payment obligations due to insolvency (issuer risk) or any official orders ("bail-in"). In such cases, the invested capital may be lost in full.

For further information on this product category, please refer to our brochure on Turbo Certificates.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

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

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com