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ZKB Barrier Reverse Convertible on worst of
Logitech International SA/Partners Group Holding AG/The Swatch Group AG/Sonova Holding AG

ISIN: CH1273449624 Security: 127344962 Symbol: Z0827Z Life cycle
Secondary market

Bid Price 103.11%

Ask Price 103.61%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 04.07.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Logitech Intl N85.9259.46CHF59.46
(100.00%)
30.94%29.730
(50.00%)
65.47%16.8180
Part Grp Hldg N1200959.20CHF959.20
(100.00%)
20.40%479.600
(50.00%)
60.20%1.0425
The Swatch Grp A188.55260.20CHF260.20
(100.00%)
-38.04%130.100
(50.00%)
30.98%3.8432
Sonova Hldg N281.1236.30CHF236.30
(100.00%)
16.18%118.150
(50.00%)
58.09%4.2319

Reference data

ISIN CH1273449624
Security 127344962
Symbol Z0827Z
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'135.00

Coupon

Coupon (Coupon p.a.)13.50% (9.00% )
Coupon paymentguaranteed
Interest portion p.a.1.87%
Premium portion p.a.7.13%
Coupon date21.02.2025
Day count convention30/360 (German), modified following
Accrued coupon3.43%

Life cycle

Issue price100.00%
Initial fixing date14.08.2023
Payment day21.08.2023
First trading day21.08.2023
Last trading day14.02.2025
Final fixing day14.02.2025
Redemption date21.02.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term223
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -27.56%

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 Return1.87%
Cash value of fixed income investment upon issue97.26%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date21.02.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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