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ZKB Callable Barrier Reverse Convertible
Adobe Systems Inc Aktie

ISIN: CH1252917203 Security: 125291720 Symbol: Z23BSZ Life cycle
redeemed

Bid Price n.a.

Ask Price n.a.

Currency qn.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
Adobe Systems An.v485.27USD485.27
(100.00%)
17.70%242.635
(50.00%)
58.85%n.a.

Reference data

ISIN CH1252917203
Security 125291720
Symbol Z23BSZ
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'055.15

Coupon

Coupon (Coupon p.a.)5.52% (5.50% )
Coupon paymentguaranteed
Interest portion p.a.1.95%
Premium portion p.a.3.55%
Coupon daten.a.
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date07.07.2023
Payment day14.07.2023
First trading day14.07.2023
Last trading day08.07.2024
Final fixing day08.07.2024
Redemption date15.07.2024
Redemption typephysical delivery or cash settlement
Early redemption15.01.2024
Residual term0
Issue amount2'000'000.00

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 21.50%

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 securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.95%
Cash value of fixed income investment upon issue5.50%
Cash value of fixed income investment upon redemption5.50%

Sales restrictions

USA, US persons, EEA, Guernsey, GB

Redemption

Redemption date15.07.2024
Redemption amount1000
Redemption currencyCHF
Underlyingn.a.
Physical delivery-

Early redemption

Redemption date15.01.2024
Redemption amountn.a.

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