Express Certificate Verbund ExpressSustainable certificate

Bid92.30%
May 14, 2024 15:04:14.373 UTC
Ask93.80%
May 14, 2024 15:04:14.373 UTC
chg. 1D+3.310 (+3.69%)
May 14, 2024 15:04:14.373 UTC
Underlying price (indicative) 74.40 (+4.09%)
May 14, 2024 15:06:39.000 UTC
Starting value81.29 Next redemption level81.29 Max. yield p.a. until next observation date31.73%

Name
Verbund Express
ISIN / WKN
AT0000A38H42 / RC1BX7
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 74.40 (+4.09%)
May 14, 2024 15:06:39.000
Starting value
EUR 81.29
Barrier
EUR 48.77
Distance to barrier
34.44%
Observation barrier
on the final valuation date
(early) redemption level
81.29 / 81.29 / 81.29 / 81.29 / 81.29
Distance to next termination level
-9.26%
(early) redemption amount
110.00% / 120.00% / 130.00% / 140.00% / 150.00%
Max. yield until next observation date
17.27%
Max. yield p.a. until next observation date
31.73%
No. of shares
12.30153
About the term

Initial valuation date
Dec 12, 2023
Issue date
Dec 13, 2023
Valuation dates
Dec 11, 2024 / Dec 11, 2025 / Dec 10, 2026 / Dec 09, 2027 / Dec 07, 2028
Final valuation date
Dec 07, 2028
Maturity date
Dec 13, 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
Austria
Suited market expectation
sideways, bullish
Spread homogenised
1.22
Spread (in %)
1.63%
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 Verbund Express certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 10% per year if the price of the Verbund 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 Verbund 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

9:15 - 5:30 pm

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
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com