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Sustainable financial product with the Austrian Ecolabel
This certificates complies with RCB’s sustainability standard and takes into account important adverse impacts on sustainability factors (Principal Adverse Impacts - PAIs for short). For further information please see: www.rcb.at/en/sustainability
The certificate MSCI World Climate Change Bond IX is based on the ♻️ MSCI® World Climate Change Top ESG Select 4.5% Decrement index. The certificate addresses security-oriented investors who consider ethical, ecological and social criteria in their investment decisions and hence are looking for a sustainable investment.
FUNCTIONALITY
At the initial valuation date (closing price on December 28, 2022) the starting value and at the final valuation date (December 22, 2028) the final value of the underlying are determined. At the final valuation date the closing price of the final value is compared to the starting value and one of the following scenarios will apply:
1) Final value ≥ 100% of the starting value ⇒ Redemption at 144%
If the final value is greater or equal to 100% of the starting value, the certificate will be redeemed at the maturity date at 144% of the nominal value.
2) Final value < 100% of the starting value ⇒ Redemption at 100%
If the final value is below 100% of the starting value, the certificate will be redeemed at the maturity date at 100% of the nominal value.
The 100% capital protection by Raiffeisen Centrobank AG only applies at the end of the term, i.e. during the term the certificate price may drop below 100%, but the investor obtains at least 100% of the nominal value at the maturity date.
Further information as well as the Key Information Document please find on the