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ZKB Barrier Reverse Convertible on worst of
Bayer AG/Merck KGaA/Volkswagen AG

ISIN: CH1303980853 Security: 130398085 Symbol: n.a. Life cycle
Secondary market

Bid Price 104.95%

Ask Price n.a.

Currency EUR

Exchange ZKB

Volume 45'000.00

Volume n.a.

Date/time (realtime) 23.05.2024 10:42:47

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Bayer N27.99532.595EUR32.60
(100.00%)
-16.35%19.557
(60.00%)
30.19%30.6796
Merck A168.7139.85EUR139.85
(100.00%)
17.15%83.910
(60.00%)
50.29%7.1505
Volkswagen VA118.95111.39EUR111.39
(100.00%)
6.36%66.834
(60.00%)
43.81%8.9775

Reference data

ISIN CH1303980853
Security 130398085
Symbol n.a.
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'150.00

Coupon

Coupon (Coupon p.a.)15.00% (15.00% )
Coupon paymentguaranteed
Interest portion p.a.3.30%
Premium portion p.a.11.70%
Coupon date03.07.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date21.12.2023
Payment day03.01.2024
First trading day03.01.2024
Last trading day23.12.2024
Final fixing day23.12.2024
Redemption date03.01.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term213
Issue amount45'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -14.05%

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 Return3.30%
Cash value of fixed income investment upon issue96.81%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date03.01.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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