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ZKB Barrier Reverse Convertible on worst of
Alcon AG/The Swatch Group AG/Swiss Re AG

ISIN: CH1273458088 Security: 127345808 Symbol: Z0871Z Life cycle
Secondary market

Bid Price 104.30%

Ask Price 104.80%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 03.06.2024 01:03:25

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Alcon N80.1672.80CHF72.80
(100.00%)
9.36%45.136
(62.00%)
43.80%13.7363
The Swatch Grp A194.6255.20CHF255.20
(100.00%)
-31.01%158.224
(62.00%)
18.78%3.9185
Swiss Re N114.185.08CHF85.08
(100.00%)
25.56%52.750
(62.00%)
53.85%11.7536

Reference data

ISIN CH1273458088
Security 127345808
Symbol Z0871Z
Currency CHF
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.1.85%
Premium portion p.a.6.65%
Coupon date11.09.2024
Day count convention30/360 (German), modified following
Accrued coupon6.26%

Life cycle

Issue price100.00%
Initial fixing date04.09.2023
Payment day11.09.2023
First trading day11.09.2023
Last trading day04.09.2024
Final fixing day04.09.2024
Redemption date11.09.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term92
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 -23.67%

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 Return1.85%
Cash value of fixed income investment upon issue98.19%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date11.09.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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