Express Certificate Erste Group Express 5Sustainable certificate

Bid106.97%
May 14, 2024 17:59:59.613 UTC
Ask108.47%
May 14, 2024 17:59:59.613 UTC
chg. 1D-0.010 (-0.01%)
May 14, 2024 17:59:59.613 UTC
Underlying price (indicative) 45.63 (-0.13%)
May 14, 2024 20:00:00.000 UTC
Starting value32.69 Next redemption level32.69 Max. yield p.a. until next observation date0.78%

Name
Erste Group Express 5
ISIN / WKN
AT0000A36G45 / RC1AZ6
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 45.63 (-0.13%)
May 14, 2024 20:00:00.000
Starting value
EUR 32.69
Barrier
EUR 19.61
Distance to barrier
57.02%
Observation barrier
on the final valuation date
(early) redemption level
32.69 / 29.42 / 26.15 / 22.88 / 19.61
Distance to next termination level
28.36%
(early) redemption amount
108.75% / 117.50% / 126.25% / 135.00% / 143.75%
Max. yield until next observation date
0.26%
Max. yield p.a. until next observation date
0.78%
No. of shares
30.59039
About the term

Initial valuation date
Sep 13, 2023
Issue date
Sep 14, 2023
Valuation dates
Sep 12, 2024 / Sep 11, 2025 / Sep 10, 2026 / Sep 10, 2027 / Sep 12, 2028
Final valuation date
Sep 12, 2028
Maturity date
Sep 15, 2028

Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
New Level Express Certificate
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.49
Spread (in %)
1.40%
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 5 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 8.75% per year if the share of Erste Group Bank AG quotes on one of the annual valuation days at or above the annually declining termination level. 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 Bank 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