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ZKB Barrier Reverse Convertible on worst of
Kardex AG/Comet Holding AG/VAT Group AG

ISIN: CH1252907857 Security: 125290785 Symbol: n.a. Life cycle
Secondary market

Bid Price 113.77%

Ask Price n.a.

Currency qUSD

Exchange ZKB

Volume 70'000.00

Volume n.a.

Date/time (realtime) 15.05.2024 10:15:20

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Kardex AG N248.5197.10CHF197.10
(100.00%)
19.22%128.115
(65.00%)
47.49%n.a.
Comet Holding314.5243.40CHF243.40
(100.00%)
20.85%158.210
(65.00%)
48.55%n.a.
VAT Group N481330.50CHF330.50
(100.00%)
29.40%214.825
(65.00%)
54.11%n.a.

Reference data

ISIN CH1252907857
Security 125290785
Symbol n.a.
Currency qUSD
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'146.26

Coupon

Coupon (Coupon p.a.)14.63% (14.63% )
Coupon paymentguaranteed
Interest portion p.a.4.95%
Premium portion p.a.9.67%
Coupon date30.05.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date22.05.2023
Payment day30.05.2023
First trading day30.05.2023
Last trading day22.05.2024
Final fixing day22.05.2024
Redemption date30.05.2024
Redemption typeCash Settlement
Early redemptionNo
Residual term6
Issue amount70'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue 23.80%

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 marketNo
Stamp duty payable upon delivery of the securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return4.95%
Cash value of fixed income investment upon issue95.28%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date30.05.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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