Inhaltsseite: Home

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

ISIN: CH1273440482 Security: 127344048 Symbol: n.a. Life cycle
Secondary market

Bid Price 101.84%

Ask Price n.a.

Currency qEUR

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 23.05.2024 10:30:12

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N474.2411.35CHF411.35
(100.00%)
13.47%201.562
(49.00%)
57.60%n.a.
Swiss Re N112.288.20CHF88.20
(100.00%)
21.50%43.218
(49.00%)
61.53%n.a.
Swiss Life N620.2515.20CHF515.20
(100.00%)
17.22%252.448
(49.00%)
59.44%n.a.

Reference data

ISIN CH1273440482
Security 127344048
Symbol n.a.
Currency qEUR
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'081.00

Coupon

Coupon (Coupon p.a.)8.10% (5.40% )
Coupon paymentguaranteed
Interest portion p.a.3.87%
Premium portion p.a.1.53%
Coupon date14.01.2025
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 day07.01.2025
Final fixing day07.01.2025
Redemption date14.01.2025
Redemption typeCash Settlement
Early redemptionNo
Residual term228
Issue amount50'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 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 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 securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return3.87%
Cash value of fixed income investment upon issue94.47%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date14.01.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Ajax loading