Express Certificate BMW Express 11Sustainable certificate

Bid94.61%
May 14, 2024 17:59:59.282 UTC
Ask96.11%
May 14, 2024 17:59:59.282 UTC
chg. 1D+0.010 (+0.01%)
May 14, 2024 17:59:59.282 UTC
Underlying price (indicative) 104.35 (+0.92%)
May 14, 2024 19:13:55.000 UTC
Starting value109.78 Next redemption level109.78 Max. yield p.a. until next observation date20.39%

Name
BMW Express 11
ISIN / WKN
AT0000A3AGE3 / RC1C19
Underlying
Sustainability preference
Consideration of Principal Adverse Impacts (PAI)
Underlying price (indicative)
EUR 104.35 (+0.92%)
May 14, 2024 19:13:55.000
Starting value
EUR 109.78
Barrier
EUR 65.87
Distance to barrier
36.88%
Observation barrier
on the final valuation date
(early) redemption level
109.78 / 109.78 / 109.78 / 109.78 / 109.78
Distance to next termination level
-5.20%
(early) redemption amount
112.00% / 124.00% / 136.00% / 148.00% / 160.00%
Max. yield until next observation date
16.53%
Max. yield p.a. until next observation date
20.39%
No. of shares
9.10913
About the term

Initial valuation date
Mar 12, 2024
Issue date
Mar 13, 2024
Valuation dates
Mar 11, 2025 / Mar 11, 2026 / Mar 11, 2027 / Mar 09, 2028 / Mar 09, 2029
Final valuation date
Mar 09, 2029
Maturity date
Mar 14, 2029

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
1.65
Spread (in %)
1.59%
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, Liechtenstein, Romania, Slovenia
Listing
Vienna, Stuttgart
Description

The certificate BMW Express 11 you have an annual yield opportunity of 12% as well as the option of early redemption. If the underlying is at or above the starting level on one of the annual valuation dates, (early) redemption is affected including interest of 12% per year of term. If the underlying quotes at or below the barrier at the end of term, shares are delivered; the value of the shares delivered will be significantly lower than the nominal amount of the certificate.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").

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