Express Certificate BMW Express 4Sustainable certificate

Bid120.08%
May 14, 2024 12:05:25.496 UTC
Ask121.58%
May 14, 2024 12:05:25.496 UTC
chg. 1D-0.260 (-0.21%)
May 14, 2024 12:05:25.496 UTC
Underlying price (indicative) 104.22 (+0.80%)
May 14, 2024 12:11:06.000 UTC
Starting value92.33 Next redemption level92.33 Max. yield p.a. until next observation date20.21%

Name
BMW Express 4
ISIN / WKN
AT0000A2TLL0 / RC041H
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 104.22 (+0.80%)
May 14, 2024 12:11:06.000
Starting value
EUR 92.33
Barrier
EUR 55.40
Distance to barrier
46.85%
Observation barrier
on the final valuation date
(early) redemption level
92.33 / 92.33 / 92.33 / 92.33 / 92.33
Distance to next termination level
11.41%
(early) redemption amount
111.00% / 122.00% / 133.00% / 144.00% / 155.00%
Max. yield until next observation date
9.39%
Max. yield p.a. until next observation date
20.21%
No. of shares
10.83072
About the term

Initial valuation date
Nov 11, 2021
Issue date
Nov 12, 2021
Valuation dates
Nov 10, 2022 / Nov 09, 2023 / Nov 08, 2024 / Nov 10, 2025 / Nov 10, 2026
Final valuation date
Nov 10, 2026
Maturity date
Nov 13, 2026

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Germany
Suited market expectation
sideways, bullish
Spread homogenised
1.38
Spread (in %)
1.25%
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 BMW Express 4 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 11% per year if the share of BMW 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 BMW 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

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