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ZKB Barrier Reverse Convertible on worst of
AXA SA/Assicurazioni Generali S.p.A./Allianz SE/Zurich Insurance Group AG

ISIN: CH1303978832 Security: 130397883 Symbol: Z08WHZ Life cycle
Secondary market

Bid Price 105.24%

Ask Price 105.74%

Currency qEUR

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 05.06.2024 04:27:14

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
AXA A33.129.525EUR29.53
(100.00%)
10.99%15.944
(54.00%)
51.93%n.a.
Assicuraz.Gen.A23.61519.085EUR19.09
(100.00%)
19.18%10.306
(54.00%)
56.36%n.a.
Allianz N262.8241.65EUR241.65
(100.00%)
8.08%130.491
(54.00%)
50.36%n.a.
Zurich Insurance N474.2440.40CHF440.40
(100.00%)
7.19%237.816
(54.00%)
49.88%n.a.

Reference data

ISIN CH1303978832
Security 130397883
Symbol Z08WHZ
Currency qEUR
Currency hedging Yes
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.2.93%
Premium portion p.a.5.07%
Coupon date27.06.2024
Day count convention30/360 (German), modified following
Accrued coupon3.62%

Life cycle

Issue price100.00%
Initial fixing date21.12.2023
Payment day27.12.2023
First trading day27.12.2023
Last trading day23.06.2025
Final fixing day23.06.2025
Redemption date27.06.2025
Redemption typeCash Settlement
Early redemptionNo
Residual term382
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue 7.74%

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 securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return2.93%
Cash value of fixed income investment upon issue95.76%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date27.06.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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