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

ISIN: CH1252903237 Security: 125290323 Symbol: Z07LCZ Life cycle
Secondary market

Bid Price 105.45%

Ask Price 105.95%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 17.05.2024 05:15:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N471.8426.80CHF426.80
(100.00%)
9.54%213.400
(50.00%)
54.77%2.3430
Swiss Life N626.6537.20CHF537.20
(100.00%)
14.27%268.600
(50.00%)
57.13%1.8615
Swiss Re N110.189.46CHF89.46
(100.00%)
18.75%44.730
(50.00%)
59.37%11.1782
Lonza Grp N529.2576.80CHF576.80
(100.00%)
-8.99%288.400
(50.00%)
45.50%1.7337
Alcon N80.0871.34CHF71.34
(100.00%)
10.91%35.670
(50.00%)
55.46%14.0174

Reference data

ISIN CH1252903237
Security 125290323
Symbol Z07LCZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'120.00

Coupon

Coupon (Coupon p.a.)12.00% (8.00% )
Coupon paymentguaranteed
Interest portion p.a.1.74%
Premium portion p.a.6.26%
Coupon date15.11.2024
Day count convention30/360 (German), modified following
Accrued coupon4.13%

Life cycle

Issue price100.00%
Initial fixing date11.05.2023
Payment day15.05.2023
First trading day15.05.2023
Last trading day11.11.2024
Final fixing day11.11.2024
Redemption date15.11.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term174
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -8.25%

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zürcher Kantonalbank Finance (Guernsey) Ltd
Keep-Well Agreement with Zürcher Kantonalbank, Zürich
Issuer rating
Lead manager Zürcher Kantonalbank, Zürich
Payment, execution and calculation agent Zürcher Kantonalbank, Zürich

Tax aspects (Private investor tax domicile Switzerland)

Income taxYes
Withholding taxNo
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 Return1.74%
Cash value of fixed income investment upon issue97.45%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date15.11.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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