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ZKB Barrier Reverse Convertible on worst of
Sanofi SA/Bayer AG/Merck KGaA

ISIN: CH1273458914 Security: 127345891 Symbol: Z087LZ Life cycle
Secondary market

Bid Price 56.20%

Ask Price 58.20%

Currency EUR

Exchange ZKB

Volume n.a.

Volume n.a.

Date/time (realtime) 22.07.2024 05:14:21

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Sanofi A93.5101.82EUR101.82
(100.00%)
-8.82%n.v.n.v9.8213
Bayer N27.3151.20EUR51.20
(100.00%)
-87.51%Hitn.v19.5313
Merck A150165.00EUR165.00
(100.00%)
-10.48%n.v.n.v6.0606

Reference data

ISIN CH1273458914
Security 127345891
Symbol Z087LZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'083.00

Coupon

Coupon (Coupon p.a.)8.30% (8.30% )
Coupon paymentguaranteed
Interest portion p.a.3.83%
Premium portion p.a.4.47%
Coupon date18.09.2024
Day count convention30/360 (German), modified following
Accrued coupon2.91%

Life cycle

Issue price100.00%
Initial fixing date11.09.2023
Payment day18.09.2023
First trading day18.09.2023
Last trading day11.09.2024
Final fixing day11.09.2024
Redemption date18.09.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term50
Issue amount5'000'000.00

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 -46.67%

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 Return3.83%
Cash value of fixed income investment upon issue96.31%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date18.09.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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