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ZKB Autocallable Barrier Reverse Convertible on worst of Sonova Hldg N / Nio Sp ADS-A / Microsoft Rg
Sonova Holding AG/Nio Inc/Microsoft Corp

ISIN: CH1214878071 Security: 121487807 Symbol: n.a. Life cycle
Secondary market

Bid Price 65.99%

Ask Price n.a.

Currency qUSD

Exchange ZKB

Volume 200'000.00

Volume n.a.

Date/time (realtime) 22.01.2024 08:00:03

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.Call levelDistance to call levelBarrierDistance to barrier
Sonova Hldg N291.2231.15CHF231.150 (100.00%)16.10%138.690 (60.00%)49.66%
Nio Inc ADR5.7912.3811USD12.381 (100.00%)-104.31%7.429 (60.00%)-22.58%
Microsoft N416.56242.1676USD242.168 (100.00%)39.26%145.301 (60.00%)63.55%

Reference data

ISIN CH1214878071
Security 121487807
Symbol n.a.
Currency qUSD
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment n.a.

Coupon

Coupon (Coupon p.a.)SOON + 17.15%
Coupon paymentguaranteed

Life cycle

Issue price100.00%
Initial fixing date26.01.2023
Payment day02.02.2023
First trading day02.02.2023
Last trading day26.07.2024
Final fixing day26.07.2024
Redemption date05.08.2024
Redemption typeCash Settlement
Early redemptionYes
Next observation date26.07.2024
Residual term71
Issue amount200'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -51.05%

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zürcher Kantonalbank Finance (Guernsey) Ltd
Keep-Well Agreement with Zürcher Kantonalbank, Zürich
Issuer rating
Lead manager Zürcher Kantonalbank, Zürich
Payment, execution and calculation agent Zürcher Kantonalbank, Zürich

Tax aspects (Private investor tax domicile Switzerland)

Income taxYes
Withholding taxNo
Stamp duty payable in the secondary marketYes
Stamp duty payable upon delivery of the securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return4.57%
Cash value of fixed income investment upon issue93.48%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date05.08.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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