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7.10% p.a. ZKB Autocallable Barrier Reverse Convertible, 04.03.2025 on worst of LONN SE/ABBN SE/ZURN SE
ABB Ltd/Zurich Insurance Group AG/Lonza Group AG

ISIN: CH1273457593 Security: 127345759 Symbol: n.a. Life cycle
redeemed

Bid Price n.a.

Ask Price n.a.

Currency n.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
ABB N50.2232.91CHF32.91
(100.00%)
33.94%21.392
(65.00%)
57.06%30.3859
Zurich Insurance N515.4407.20CHF407.20
(100.00%)
13.80%264.680
(65.00%)
43.97%2.4558
Lonza Grp N540.4471.50CHF471.50
(100.00%)
8.05%306.475
(65.00%)
40.23%2.1209

Reference data

ISIN CH1273457593
Security 127345759
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment n.a.

Coupon

Coupon (Coupon p.a.)ABBN + 7.10%
Coupon paymentguaranteed

Life cycle

Issue price100.00%
Initial fixing date25.08.2023
Payment day01.09.2023
First trading day01.09.2023
Last trading day25.02.2025
Final fixing day25.02.2025
Redemption date04.03.2025
Redemption typephysical delivery or cash settlement
Early redemptionYes
Next observation date25.11.2024
Residual term150
Issue amount100'000.00

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 8.76%

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 Return1.89%
Cash value of fixed income investment upon issue97.21%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date04.03.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Early redemption

Redemption date27.05.2024
Redemption amount1'000.00

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