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ZKB Barrier Reverse Convertible on worst of
Lonza Group AG/Straumann Holding AG/BACHEM HOLDING AG

ISIN: CH1235767196 Security: 123576719 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
Lonza Grp Nn.v543.70CHF462.15
(85.00%)
0.53%Hitn.v540.9558
Straumann Hldg Nn.v127.20CHF108.12
(85.00%)
28.37%n.v.n.v2'312.2457
Bachem Holdingn.v91.975CHF78.18
(85.00%)
4.83%n.v.n.v3'197.7999

Reference data

ISIN CH1235767196
Security 123576719
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 250'000.00
Barrier level observation continuous
Maximum repayment 280'822.25

Coupon

Coupon (Coupon p.a.)12.33% (12.33% )
Coupon paymentguaranteed
Interest portion p.a.2.14%
Premium portion p.a.10.18%
Coupon daten.a.
Day count convention30/360 (German), modified following
Accrued coupon6.10%

Life cycle

Issue price100.00%
Initial fixing date08.03.2023
Payment day15.03.2023
First trading day15.03.2023
Last trading day08.03.2024
Final fixing day08.03.2024
Redemption date15.03.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term0
Issue amount250'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 250'000.00
Performance of underlying since issue -14.55%

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 marketNo
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return2.14%
Cash value of fixed income investment upon issue97.90%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date15.03.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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