Express Certificate BMW Express 9Sustainable certificate

Bid105.67%
May 13, 2024 17:59:59.319 UTC
Ask107.17%
May 13, 2024 17:59:59.319 UTC
chg. 1D+0.760 (+0.72%)
May 13, 2024 17:59:59.319 UTC
Underlying price (indicative) 103.40 (+1.75%)
May 13, 2024 19:58:00.000 UTC
Starting value93.16 Next redemption level93.16 Max. yield p.a. until next observation date8.51%

Name
BMW Express 9
ISIN / WKN
AT0000A37DV7 / RC1A94
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 103.40 (+1.75%)
May 13, 2024 19:58:00.000
Starting value
EUR 93.16
Barrier
EUR 55.90
Distance to barrier
45.94%
Observation barrier
on the final valuation date
(early) redemption level
93.16 / 93.16 / 93.16 / 93.16 / 93.16
Distance to next termination level
9.90%
(early) redemption amount
112.00% / 124.00% / 136.00% / 148.00% / 160.00%
Max. yield until next observation date
4.51%
Max. yield p.a. until next observation date
8.51%
No. of shares
10.73422
About the term

Initial valuation date
Nov 28, 2023
Issue date
Nov 29, 2023
Valuation dates
Nov 27, 2024 / Nov 26, 2025 / Nov 26, 2026 / Nov 25, 2027 / Nov 24, 2028
Final valuation date
Nov 24, 2028
Maturity date
Nov 29, 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
1.40
Spread (in %)
1.42%
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 9 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

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