Express Certificate Infineon Express 3Sustainable certificate

Bid106.40%
May 14, 2024 17:59:59.282 UTC
Ask107.90%
May 14, 2024 17:59:59.282 UTC
chg. 1D-0.110 (-0.10%)
May 14, 2024 17:59:59.282 UTC
Underlying price (indicative) 37.22 (+0.09%)
May 14, 2024 18:52:08.000 UTC
Starting value31.12 Next redemption level31.12 Max. yield p.a. until next observation date3.28%

Name
Infineon Express 3
ISIN / WKN
AT0000A36XA1 / RC1A0W
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 37.22 (+0.09%)
May 14, 2024 18:52:08.000
Starting value
EUR 31.12
Barrier
EUR 18.67
Distance to barrier
49.83%
Observation barrier
on the final valuation date
(early) redemption level
31.12 / 28.01 / 24.90 / 21.78 / 18.67
Distance to next termination level
16.39%
(early) redemption amount
109.40% / 118.80% / 128.20% / 137.60% / 147.00%
Max. yield until next observation date
1.39%
Max. yield p.a. until next observation date
3.28%
No. of shares
32.13368
About the term

Initial valuation date
Oct 18, 2023
Issue date
Oct 19, 2023
Valuation dates
Oct 17, 2024 / Oct 16, 2025 / Oct 15, 2026 / Oct 15, 2027 / Oct 16, 2028
Final valuation date
Oct 16, 2028
Maturity date
Oct 19, 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
Germany
Suited market expectation
sideways, bullish
Spread homogenised
0.47
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 certificate Infineon Express 3 offers an annual opportunity for early redemption, enabling investors to obtain a yield of 9.4% per year if the share of Infineon Technologies 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 Infineon 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