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8.80% ZKB Barrier Reverse Convertible, 02.09.2025 on worst of BAYN GY/SAN FP/MRK GY
Bayer AG/Sanofi SA/Merck KGaA

ISIN: CH1358048796 Security: 135804879 Symbol: Z09XPZ Life cycle
in subscription, indicative

Bid Price n.a.

Ask Price n.a.

Currency n.a.

Exchange ZKB

Volume n.a.

Volume n.a.

Date/time (delayed) n.a. n.a.

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Bayer N25.83526.1765EUR26.18
(100.00%)
n.a.17.015
(65.00%)
n.a.38.2022
Sanofi A97.5797.1391EUR97.14
(100.00%)
n.a.63.140
(65.00%)
n.a.10.2945
Merck A167.25167.7785EUR167.78
(100.00%)
n.a.109.056
(65.00%)
n.a.5.9602

Reference data

ISIN CH1358048796
Security 135804879
Symbol Z09XPZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'088.00

Coupon

Coupon (Coupon p.a.)8.80% (8.80% )
Coupon paymentguaranteed
Interest portion p.a.2.85%
Premium portion p.a.5.95%
Coupon date03.03.2025
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date26.08.2024
Payment day02.09.2024
First trading day02.09.2024
Last trading day26.08.2025
Final fixing day26.08.2025
Redemption date02.09.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term376
Issue amount5'000'000.00

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

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zuercher 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 Return2.85%
Cash value of fixed income investment upon issue97.22%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date02.09.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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