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ZKB Barrier Reverse Convertible on worst of
Palo Alto Networks Inc/Microsoft Corp/Apple Inc

ISIN: CH1304002319 Security: 130400231 Symbol: n.a. Life cycle
Secondary market

Bid Price 90.54%

Ask Price n.a.

Currency qCHF

Exchange ZKB

Volume 250'000.00

Volume n.a.

Date/time (realtime) 31.05.2024 05:45:20

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Palo Alto Networks N294.85376.87USD339.18
(90.00%)
-17.81%Hitn.vn.a.
Microsoft N415.605417.635USD375.87
(90.00%)
7.56%n.v.n.vn.a.
Apple A192.325188.635USD169.77
(90.00%)
10.84%n.v.n.vn.a.

Reference data

ISIN CH1304002319
Security 130400231
Symbol n.a.
Currency qCHF
Currency hedging Yes
Nominal amount 250'000.00
Barrier level observation continuous
Maximum repayment 277'583.50

Coupon

Coupon (Coupon p.a.)11.03% (11.00% )
Coupon paymentguaranteed
Interest portion p.a.1.44%
Premium portion p.a.9.57%
Coupon date19.08.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date09.02.2024
Payment day16.02.2024
First trading day16.02.2024
Last trading day10.02.2025
Final fixing day10.02.2025
Redemption date17.02.2025
Redemption typeCash Settlement
Early redemptionNo
Residual term253
Issue amount250'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 250'000.00
Performance of underlying since issue -23.60%

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 securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.44%
Cash value of fixed income investment upon issue98.58%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date17.02.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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