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ZKB Barrier Reverse Convertible on worst of
Sandoz Group AG/Novartis AG/Roche Holding AG/Alcon AG

ISIN: CH1303978667 Security: 130397866 Symbol: Z08W7Z Life cycle
Secondary market

Bid Price 105.97%

Ask Price 106.47%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 21.06.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Sandoz Group AG32.7826.77CHF26.77
(100.00%)
18.80%17.401
(65.00%)
47.22%37.3552
Novartis N93.9984.04CHF84.04
(100.00%)
10.62%54.626
(65.00%)
41.91%11.8991
Roche GS252.8242.45CHF242.45
(100.00%)
4.21%157.593
(65.00%)
37.74%4.1246
Alcon N79.4265.54CHF65.54
(100.00%)
17.79%42.601
(65.00%)
46.56%15.2579

Reference data

ISIN CH1303978667
Security 130397866
Symbol Z08W7Z
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.1.26%
Premium portion p.a.6.74%
Coupon date08.07.2024
Day count convention30/360 (German), modified following
Accrued coupon3.73%

Life cycle

Issue price100.00%
Initial fixing date28.12.2023
Payment day08.01.2024
First trading day08.01.2024
Last trading day30.06.2025
Final fixing day30.06.2025
Redemption date08.07.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term371
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 4.39%

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 Return1.26%
Cash value of fixed income investment upon issue98.14%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date08.07.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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