Top Pick Reverse Convertible Bond 8,5 % Versicherung Plus AktienanleiheSustainable certificate

Bid102.48%
May 14, 2024 15:30:21.306 UTC
Ask103.98%
May 14, 2024 15:30:21.306 UTC
chg. 1D-0.160 (-0.15%)
May 14, 2024 15:30:21.306 UTC
Underlying price (delayed)-
--
BarrierEUR 60.00 StrikeEUR 100.00 Max. yield p.a.5.12% Interest rate p.a.8.50%

Name
Reverse Convertible Bond on Worst of Basket
ISIN / WKN
AT0000A32S60 / RC08TU
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Max. yield remaining term (%)
4.35%
Max. yield p.a.
5.12%
Interest rate total term
-
Fixed interest rate annually
8.50%
Underlying price (delayed)
- --
-
Starting value
EUR 100.00
Strike
EUR 100.00
Barrier
EUR 60.00
Distance to strike
5.85%
Distance to barrier
43.51%
Barrier reached
no
No. of shares
-
Tradeable unit/nominal value
EUR 1,000
Paid interest rate
8.50% (EUR 85.00) on Mar 21, 2024
About the term

Initial valuation date
Mar 21, 2023
Issue date
Mar 22, 2023
Final valuation date
Mar 18, 2025
Maturity date
Mar 21, 2025

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Reverse Convertible Bond (1230)
Reverse Convertible Bond Type
Barrier Reverse Convertible Plus Bonds
Underlying
Country / region of underlying
-
Suited market expectation
sideways, bullish
Observation barrier
on the final valuation date
Issue price
100.00%
Spread homogenised
1.50
Spread (in %)
1.46%
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
Description

Plus Protect Reverse Convertible Bonds have a high fixed interest rate. At the end of the term the interest amount is paid out regardless of the performance of the underlying. Plus Reverse Convertible Bonds have a barrier which is set below the strike and which is observed solely at the final valuation date. Redemption depends on the performance of the underlying. If, at the final valuation date, the underlying quotes above the barrier, the Reverse Convertible Bond is redeemed at 100%.

If the closing price is at or below the barrier, the investor obtains the amount of shares per nominal value as pre-defined at the issue date. The difference to the next integral number is redeemed.

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

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