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ZKB Barrier Reverse Convertible on worst of
Volkswagen AG/Bayerische Motoren Werke AG/Mercedes-Benz Group AG

ISIN: CH1273454418 Security: 127345441 Symbol: Z085BZ Life cycle
Secondary market

Bid Price 102.82%

Ask Price 103.32%

Currency EUR

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 29.05.2024 09:31:18

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Volkswagen VA123.1112.92EUR112.92
(100.00%)
8.42%56.460
(50.00%)
54.21%8.8558
BMW A92.9496.60EUR96.60
(100.00%)
-2.99%48.300
(50.00%)
48.51%10.3520
Daimler N65.5767.43EUR67.43
(100.00%)
-1.58%33.715
(50.00%)
49.21%14.8302

Reference data

ISIN CH1273454418
Security 127345441
Symbol Z085BZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'085.00

Coupon

Coupon (Coupon p.a.)8.50% (8.50% )
Coupon paymentguaranteed
Interest portion p.a.3.85%
Premium portion p.a.4.65%
Coupon date04.09.2024
Day count convention30/360 (German), modified following
Accrued coupon2.01%

Life cycle

Issue price100.00%
Initial fixing date28.08.2023
Payment day04.09.2023
First trading day04.09.2023
Last trading day28.08.2024
Final fixing day28.08.2024
Redemption date04.09.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term90
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -2.90%

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 Return3.85%
Cash value of fixed income investment upon issue96.29%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date04.09.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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