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ZKB Barrier Reverse Convertible on worst of
Swiss Re AG/Swiss Life Holding AG/Zurich Insurance Group AG

ISIN: CH1235769648 Security: 123576964 Symbol: n.a. Life cycle
Secondary market

Bid Price 114.49%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 30'000.00

Volume n.a.

Date/time (realtime) 26.06.2024 05:45:14

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Swiss Re N111.589.94CHF89.94
(100.00%)
19.34%49.467
(55.00%)
55.63%11.1185
Swiss Life N654524.40CHF524.40
(100.00%)
19.82%288.420
(55.00%)
55.90%1.9069
Zurich Insurance N480.2415.50CHF415.50
(100.00%)
13.47%228.525
(55.00%)
52.41%2.4067

Reference data

ISIN CH1235769648
Security 123576964
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'226.37

Coupon

Coupon (Coupon p.a.)22.64% (7.55% )
Coupon paymentguaranteed
Interest portion p.a.1.65%
Premium portion p.a.5.90%
Coupon date31.03.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date24.03.2023
Payment day31.03.2023
First trading day31.03.2023
Last trading day24.03.2026
Final fixing day24.03.2026
Redemption date31.03.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term635
Issue amount30'000.00

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 15.57%

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 Return1.65%
Cash value of fixed income investment upon issue95.22%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date31.03.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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