Express Certificate BMW Express 8Sustainable certificate

Bid94.32%
May 14, 2024 17:59:59.613 UTC
Ask95.82%
May 14, 2024 17:59:59.613 UTC
chg. 1D+0.730 (+0.77%)
May 14, 2024 17:59:59.613 UTC
Underlying price (indicative) 104.60 (+1.16%)
May 14, 2024 19:59:40.000 UTC
Starting value110.52 Next redemption level110.52 Max. yield p.a. until next observation date>100%

Name
BMW Express 8
ISIN / WKN
AT0000A34CV6 / RC09K5
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 104.60 (+1.16%)
May 14, 2024 19:59:40.000
Starting value
EUR 110.52
Barrier
EUR 66.31
Distance to barrier
36.60%
Observation barrier
on the final valuation date
(early) redemption level
110.52 / 110.52 / 110.52 / 110.52 / 110.52
Distance to next termination level
-5.66%
(early) redemption amount
112.00% / 124.00% / 136.00% / 148.00% / 160.00%
Max. yield until next observation date
16.89%
Max. yield p.a. until next observation date
>100%
No. of shares
9.04814
About the term

Initial valuation date
Jun 20, 2023
Issue date
Jun 21, 2023
Valuation dates
Jun 19, 2024 / Jun 19, 2025 / Jun 18, 2026 / Jun 17, 2027 / Jun 19, 2028
Final valuation date
Jun 19, 2028
Maturity date
Jun 22, 2028

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
1.66
Spread (in %)
1.59%
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 8 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 12% per year if the share of BMW AG 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