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ZKB Barrier Reverse Convertible on worst of
Alcon AG/Swiss Life Holding AG/Schindler Holding AG

ISIN: CH1303971548 Security: 130397154 Symbol: Z08S2Z Life cycle
Secondary market

Bid Price 106.36%

Ask Price 106.86%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 21.11.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Alcon N75.965.92CHF65.92
(100.00%)
13.15%43.507
(66.00%)
42.68%15.1699
Swiss Life N727.2560.60CHF560.60
(100.00%)
22.91%369.996
(66.00%)
49.12%1.7838
Schindler Hldg N245.5186.5671CHF186.57
(100.00%)
24.01%123.134
(66.00%)
49.84%5.3600

Reference data

ISIN CH1303971548
Security 130397154
Symbol Z08S2Z
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'120.00

Coupon

Coupon (Coupon p.a.)12.00% (8.00% )
Coupon paymentguaranteed
Interest portion p.a.1.45%
Premium portion p.a.6.55%
Coupon date06.06.2025
Day count convention30/360 (German), modified following
Accrued coupon3.76%

Life cycle

Issue price100.00%
Initial fixing date30.11.2023
Payment day06.12.2023
First trading day06.12.2023
Last trading day30.05.2025
Final fixing day30.05.2025
Redemption date06.06.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term189
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 15.14%

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 marketYes
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.45%
Cash value of fixed income investment upon issue97.87%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date06.06.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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