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ZKB Barrier Reverse Convertible on worst of
Zurich Insurance Group AG/Swiss Life Holding AG/Swiss Re AG

ISIN: CH1273465034 Security: 127346503 Symbol: Z08AXZ Life cycle
Secondary market

Bid Price 106.77%

Ask Price 107.27%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 22.07.2024 04:11:03

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N475409.80CHF409.80
(100.00%)
13.73%286.860
(70.00%)
39.61%2.4402
Swiss Life N677.6561.60CHF561.60
(100.00%)
17.36%393.120
(70.00%)
42.15%1.7806
Swiss Re N106.291.94CHF91.94
(100.00%)
13.51%64.358
(70.00%)
39.46%10.8767

Reference data

ISIN CH1273465034
Security 127346503
Symbol Z08AXZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'075.00

Coupon

Coupon (Coupon p.a.)7.50% (7.50% )
Coupon paymentguaranteed
Interest portion p.a.1.77%
Premium portion p.a.5.73%
Coupon date11.10.2024
Day count convention30/360 (German), modified following
Accrued coupon5.92%

Life cycle

Issue price100.00%
Initial fixing date04.10.2023
Payment day11.10.2023
First trading day11.10.2023
Last trading day04.10.2024
Final fixing day04.10.2024
Redemption date11.10.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term73
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 15.62%

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 Return1.77%
Cash value of fixed income investment upon issue98.26%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date11.10.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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