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ZKB Barrier Reverse Convertible on worst of
Zurich Insurance Group AG/Swiss Life Holding AG/Swiss Re AG

ISIN: CH1304002806 Security: 130400280 Symbol: Z0946Z Life cycle
Secondary market

Bid Price 102.70%

Ask Price 103.20%

Currency CHF

Exchange ZKB

Volume n.a.

Volume n.a.

Date/time (realtime) 05.06.2024 10:14:16

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N472447.10CHF447.10
(100.00%)
5.26%308.499
(69.00%)
34.63%2.2366
Swiss Life N627.8645.80CHF645.80
(100.00%)
-2.83%445.602
(69.00%)
29.04%1.5485
Swiss Re N112.15101.90CHF101.90
(100.00%)
9.06%70.311
(69.00%)
37.25%9.8135

Reference data

ISIN CH1304002806
Security 130400280
Symbol Z0946Z
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'121.50

Coupon

Coupon (Coupon p.a.)12.15% (8.10% )
Coupon paymentguaranteed
Interest portion p.a.1.20%
Premium portion p.a.6.90%
Coupon date28.08.2024
Day count convention30/360 (German), modified following
Accrued coupon2.30%

Life cycle

Issue price100.00%
Initial fixing date21.02.2024
Payment day28.02.2024
First trading day28.02.2024
Last trading day21.08.2025
Final fixing day21.08.2025
Redemption date28.08.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term441
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -2.76%

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 Return1.20%
Cash value of fixed income investment upon issue98.23%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date28.08.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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