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

ISIN: CH1273451455 Security: 127345145 Symbol: n.a. Life cycle
Secondary market

Bid Price 102.48%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 19.06.2024 09:31:12

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Swiss Life N650.4556.90CHF556.90
(100.00%)
13.98%389.830
(70.00%)
39.79%1.7957
Zurich Insurance N479.8431.10CHF431.10
(100.00%)
10.11%301.770
(70.00%)
37.08%2.3196
Holcim N81.0660.10CHF60.10
(100.00%)
25.69%42.070
(70.00%)
47.98%16.6389

Reference data

ISIN CH1273451455
Security 127345145
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment 1'075.10

Coupon

Coupon (Coupon p.a.)7.51% (7.47% )
Coupon paymentguaranteed
Interest portion p.a.1.85%
Premium portion p.a.5.62%
Coupon date19.08.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date10.08.2023
Payment day17.08.2023
First trading day17.08.2023
Last trading day12.08.2024
Final fixing day12.08.2024
Redemption date19.08.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term53
Issue amount50'000.00

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 11.25%

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 marketNo
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.85%
Cash value of fixed income investment upon issue98.17%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date19.08.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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