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ZKB Barrier Reverse Convertible on worst of
NVIDIA Corp/Microsoft Corp/Alphabet Inc

ISIN: CH1273462684 Security: 127346268 Symbol: Z089TZ Life cycle
Secondary market

Bid Price 103.08%

Ask Price 103.68%

Currency USD

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 05.06.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
NVIDIA A1224.4422.22USD422.22
(100.00%)
64.79%206.888
(49.00%)
82.75%2.3684
Microsoft N424.01317.54USD317.54
(100.00%)
24.46%155.595
(49.00%)
62.98%3.1492
Alphabet A -C-177.07132.17USD132.17
(100.00%)
25.02%64.763
(49.00%)
63.26%7.5660

Reference data

ISIN CH1273462684
Security 127346268
Symbol Z089TZ
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'105.00

Coupon

Coupon (Coupon p.a.)10.50% (10.50% )
Coupon paymentguaranteed
Interest portion p.a.5.52%
Premium portion p.a.4.98%
Coupon date02.10.2024
Day count convention30/360 (German), modified following
Accrued coupon1.95%

Life cycle

Issue price100.00%
Initial fixing date25.09.2023
Payment day02.10.2023
First trading day02.10.2023
Last trading day25.09.2024
Final fixing day25.09.2024
Redemption date02.10.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term110
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue 32.37%

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 Return5.52%
Cash value of fixed income investment upon issue94.77%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date02.10.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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