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ZKB Barrier Reverse Convertible on worst of
The Swatch Group AG/Cembra Money Bank AG

ISIN: CH1273457346 Security: 127345734 Symbol: n.a. Life cycle
Secondary market

Bid Price 68.53%

Ask Price 0.00%

Currency qUSD

Exchange ZKB

Volume 100'000.00

Volume n.a.

Date/time (realtime) 23.07.2025 09:45:46

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
The Swatch Grp A148.6247.20CHF247.20
(100.00%)
-70.90%Hitn.vn.a.
Cembra Money Bank N10364.15CHF64.15
(100.00%)
37.78%n.v.n.vn.a.

Reference data

ISIN CH1273457346
Security 127345734
Symbol n.a.
Currency qUSD
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'189.13

Coupon

Coupon (Coupon p.a.)18.91% (9.44% )
Coupon paymentguaranteed
Interest portion p.a.4.95%
Premium portion p.a.4.49%
Coupon date02.09.2025
Day count convention30/360 (German), modified following
Accrued coupon8.42%

Life cycle

Issue price100.00%
Initial fixing date25.08.2023
Payment day01.09.2023
First trading day01.09.2023
Last trading day25.08.2025
Final fixing day25.08.2025
Redemption date02.09.2025
Redemption typeCash Settlement
Early redemptionNo
Residual term32
Issue amount100'000.00

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 -41.48%

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zuercher 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 Returnn.a.
Cash value of fixed income investment upon issuen.a.
Cash value of fixed income investment upon redemptionn.a.

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date02.09.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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