Express Certificate AXA Express 7Sustainable certificate

Bid112.00%
May 14, 2024 13:41:15.824 UTC
Ask113.58%
May 14, 2024 13:41:15.824 UTC
chg. 1D-0.110 (-0.10%)
May 14, 2024 13:41:15.824 UTC
Underlying price (indicative) 33.28 (-1.01%)
May 14, 2024 13:46:04.000 UTC
Starting value27.46 Next redemption level27.46 Max. yield p.a. until next observation date-

Name
AXA Express 7
ISIN / WKN
AT0000A36AT9 / RC1AVT
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 33.28 (-1.01%)
May 14, 2024 13:46:04.000
Starting value
EUR 27.46
Barrier
EUR 16.48
Distance to barrier
50.48%
Observation barrier
on the final valuation date
(early) redemption level
27.46 / 27.46 / 27.46 / 27.46 / 27.46
Distance to next termination level
17.46%
(early) redemption amount
112.00% / 124.00% / 136.00% / 148.00% / 160.00%
Max. yield until next observation date
-1.39%
Max. yield p.a. until next observation date
-
No. of shares
36.40998
About the term

Initial valuation date
Aug 17, 2023
Issue date
Aug 18, 2023
Valuation dates
Aug 15, 2024 / Aug 14, 2025 / Aug 14, 2026 / Aug 16, 2027 / Aug 14, 2028
Final valuation date
Aug 14, 2028
Maturity date
Aug 18, 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
France
Suited market expectation
sideways, bullish
Spread homogenised
0.43
Spread (in %)
1.41%
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 AXA Express 7 certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 12% per year if the price of the AXA share quotes at or above the termination level. In case the share price quotes below the respective termination level, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk and physical delivery of AXA 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
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T: +431717075454
E: info(at)raiffeisencertificates.com