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ZKB Barrier Reverse Convertible on worst of Helvetia Hldg N / Zurich Insur Gr N
Helvetia Holding AG/Zurich Insurance Group AG

ISIN: CH1139784669 Security: 113978466 Symbol: n.a. Life cycle
Secondary market

Bid Price 111.49%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 05.07.2024 05:40:20

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Helvetia Hldg N123.396.60CHF96.60
(100.00%)
21.65%57.960
(60.00%)
52.99%517.5983
Zurich Insurance N471407.00CHF407.00
(100.00%)
13.59%244.200
(60.00%)
48.15%122.8501

Reference data

ISIN CH1139784669
Security 113978466
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 50'000.00
Barrier level observation continuous
Maximum repayment 56'467.35

Coupon

Coupon (Coupon p.a.)12.93% (6.47% )
Coupon paymentguaranteed
Interest portion p.a.1.33%
Premium portion p.a.5.14%
Coupon date24.10.2024
Day count convention30/360 (German), modified following
Accrued coupon11.07%

Life cycle

Issue price100.00%
Initial fixing date17.10.2022
Payment day24.10.2022
First trading day24.10.2022
Last trading day17.10.2024
Final fixing day17.10.2024
Redemption date24.10.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term102
Issue amount50'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 50'000.00
Performance of underlying since issue 15.72%

Product type

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

Legal parties

Issuer Zürcher Kantonalbank, Zürich
Keep-Well Agreement
Issuer rating Standard & Poor's AAA, Moody's Aaa, Fitch AAA
Lead manager Zürcher Kantonalbank, Zürich
Payment, execution and calculation agent Zürcher Kantonalbank, Zürich

Tax aspects (Private investor tax domicile Switzerland)

Income taxYes
Withholding taxYes
Stamp duty payable in the secondary marketYes
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.33%
Cash value of fixed income investment upon issue97.40%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date24.10.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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