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ZKB Callable Barrier Reverse Convertible on worst of
Münchner Rück AG/AXA SA/Allianz SE

ISIN: CH1235760357 Security: 123576035 Symbol: n.a. Life cycle
redeemed

Bid Price n.a.

Ask Price n.a.

Currency n.a.

Exchange ZKB

Volume n.a.

Volume n.a.

Date/time (delayed) n.a. n.a.

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Münchener Rück ...n.v329.95EUR329.95
(100.00%)
17.18%174.874
(53.00%)
56.11%30.3076
AXA An.v28.2825EUR28.28
(100.00%)
7.92%14.990
(53.00%)
51.20%353.5755
Allianz Nn.v219.225EUR219.23
(100.00%)
12.26%116.189
(53.00%)
53.50%45.6152

Reference data

ISIN CH1235760357
Security 123576035
Symbol n.a.
Currency EUR
Currency hedging No
Nominal amount 10'000.00
Barrier level observation continuous
Maximum repayment 11'217.87

Coupon

Coupon (Coupon p.a.)12.18% (8.09% )
Coupon paymentguaranteed
Interest portion p.a.3.11%
Premium portion p.a.4.98%
Coupon daten.a.
Day count convention30/360 (German), modified following
Accrued coupon1.91%

Life cycle

Issue price100.00%
Initial fixing date20.01.2023
Payment day27.01.2023
First trading day27.01.2023
Last trading day22.07.2024
Final fixing day22.07.2024
Redemption date29.07.2024
Redemption typephysical delivery or cash settlement
Early redemption22.01.2024
Residual term0
Issue amount40'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 10'000.00
Performance of underlying since issue 8.60%

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 Return3.11%
Cash value of fixed income investment upon issue95.49%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date29.07.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Early redemption

Redemption date22.01.2024
Redemption amount10'000.00

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