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ZKB Barrier Reverse Convertible on worst of
Walmart Inc/Costco Wholesale Corp/Target Corp

ISIN: CH1402506963 Security: 140250696 Symbol: Z0ALEZ Life cycle
Secondary market

Bid Price 87.52%

Ask Price 87.58%

Currency USD

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 27.08.2025 03:18:43

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Wal-Mart Stores A96.0593.23USD93.23
(100.00%)
2.94%55.006
(59.00%)
42.73%10.7262
Costco Wholesale A941.34944.70USD944.70
(100.00%)
-0.34%557.373
(59.00%)
40.80%1.0585
Target A96.11135.77USD135.77
(100.00%)
-41.27%80.104
(59.00%)
16.65%7.3654

Reference data

ISIN CH1402506963
Security 140250696
Symbol Z0ALEZ
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'090.00

Coupon

Coupon (Coupon p.a.)9.00% (9.00% )
Coupon paymentguaranteed
Interest portion p.a.4.25%
Premium portion p.a.4.75%
Coupon date29.01.2026
Day count convention30/360 (German), modified following
Accrued coupon0.78%

Life cycle

Issue price100.00%
Initial fixing date22.01.2025
Payment day29.01.2025
First trading day29.01.2025
Last trading day22.01.2026
Final fixing day22.01.2026
Redemption date29.01.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term147
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -29.21%

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 Returnn.a.
Cash value of fixed income investment upon issuen.a.
Cash value of fixed income investment upon redemptionn.a.

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date29.01.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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