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ZKB Autocallable Barrier Reverse Convertible on worst of
Novartis - Sandoz Basket/Roche Holding AG/Nestlé AG

ISIN: CH1235757056 Security: 123575705 Symbol: n.a. Life cycle
Secondary market

Bid Price 88.23%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 100'000.00

Volume n.a.

Date/time (realtime) 18.12.2023 08:00:02

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Roche GS227.8294.075CHF294.08
(100.00%)
-20.35%235.260
(80.00%)
3.72%3.4005
Nestlé N95108.77CHF108.77
(100.00%)
-10.87%87.016
(80.00%)
11.31%9.1937

Reference data

ISIN CH1235757056
Security 123575705
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment n.a.

Coupon

Coupon (Coupon p.a.)NOVNSDZ + 5.57%
Coupon paymentguaranteed

Life cycle

Issue price100.00%
Initial fixing date03.01.2023
Payment day10.01.2023
First trading day10.01.2023
Last trading day03.07.2024
Final fixing day03.07.2024
Redemption date10.07.2024
Redemption typephysical delivery or cash settlement
Early redemptionYes
Next observation date03.07.2024
Residual term49
Issue amount100'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -16.91%

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 Return1.54%
Cash value of fixed income investment upon issue97.74%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date10.07.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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