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ZKB Barrier Reverse Convertible on worst of Nestlé N / Givaudan N / Alcon N
Nestlé AG/Givaudan AG/Alcon AG

ISIN: CH1235758344 Security: 123575834 Symbol: n.a. Life cycle
Secondary market

Bid Price 105.13%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 500'000.00

Volume n.a.

Date/time (realtime) 28.05.2024 10:15:20

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Nestlé N91.64111.10CHF111.10
(100.00%)
-20.45%55.550
(50.00%)
39.78%45.0045
Givaudan N42193'017.00CHF3'017.00
(100.00%)
29.69%1'508.500
(50.00%)
64.85%1.6573
Alcon N80.8666.71CHF66.71
(100.00%)
18.80%33.355
(50.00%)
59.40%74.9513

Reference data

ISIN CH1235758344
Security 123575834
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 5'000.00
Barrier level observation at maturity
Maximum repayment 5'317.14

Coupon

Coupon (Coupon p.a.)6.34% (4.23% )
Coupon paymentguaranteed
Interest portion p.a.1.50%
Premium portion p.a.2.73%
Coupon date17.07.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date10.01.2023
Payment day17.01.2023
First trading day17.01.2023
Last trading day10.07.2024
Final fixing day10.07.2024
Redemption date17.07.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term42
Issue amount500'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 5'000.00
Performance of underlying since issue -16.98%

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 Return1.50%
Cash value of fixed income investment upon issue97.79%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date17.07.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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