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

ISIN: CH1252906297 Security: 125290629 Symbol: n.a. Life cycle
Secondary market

Bid Price 109.09%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 100'000.00

Volume n.a.

Date/time (realtime) 22.07.2024 09:30:11

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Swiss Re N10689.36CHF89.36
(100.00%)
15.58%61.658
(69.00%)
41.75%11.1907
Zurich Insurance N471.2429.50CHF429.50
(100.00%)
8.30%296.355
(69.00%)
36.73%2.3283
Swiss Life N677.4537.80CHF537.80
(100.00%)
19.85%371.082
(69.00%)
44.70%1.8594

Reference data

ISIN CH1252906297
Security 125290629
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'127.24

Coupon

Coupon (Coupon p.a.)12.72% (10.20% )
Coupon paymentguaranteed
Interest portion p.a.1.78%
Premium portion p.a.8.42%
Coupon date22.08.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date15.05.2023
Payment day23.05.2023
First trading day23.05.2023
Last trading day15.08.2024
Final fixing day15.08.2024
Redemption date22.08.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term23
Issue amount100'000.00

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 9.06%

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 Return1.78%
Cash value of fixed income investment upon issue97.82%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date22.08.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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