Top Pick Express Certificate Erste Group Express 3Sustainable certificate

Bid111.17%
May 10, 2024 15:35:16.829 UTC
Ask112.67%
May 10, 2024 15:35:16.829 UTC
chg. 1D+0.230 (+0.21%)
May 10, 2024 15:35:16.829 UTC
Underlying price (indicative) 45.88 (+0.72%)
May 10, 2024 17:27:32.000 UTC
Starting value40.09 Next redemption level40.09 Max. yield p.a. until next observation date13.20%

Name
Erste Group Express 3
ISIN / WKN
AT0000A2U2W8 / RC05EJ
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 45.88 (+0.72%)
May 10, 2024 17:27:32.000
Starting value
EUR 40.09
Barrier
EUR 24.05
Distance to barrier
47.58%
Observation barrier
on the final valuation date
(early) redemption level
40.09 / 40.09 / 40.09 / 40.09 / 40.09
Distance to next termination level
12.63%
(early) redemption amount
107.00% / 114.00% / 121.00% / 128.00% / 135.00%
Max. yield until next observation date
7.39%
Max. yield p.a. until next observation date
13.20%
No. of shares
24.94388
About the term

Initial valuation date
Dec 09, 2021
Issue date
Dec 10, 2021
Valuation dates
Dec 07, 2022 / Dec 07, 2023 / Dec 06, 2024 / Dec 05, 2025 / Dec 07, 2026
Final valuation date
Dec 07, 2026
Maturity date
Dec 11, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.60
Spread (in %)
1.35%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
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
Vienna, Stuttgart
Description

The certificate Erste Group Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 7% per year if the share of Erste Group quotes at or above its starting value at one of the valuation dates. If the share quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation (60% of the starting value) at the final valuation date, the investor is entirely subject to market risk and physical delivery of Erste Group shares is effected.

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

TRADING HOURS

Products on Austrian underlyings

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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