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ZKB Barrier Reverse Convertible on worst of
Deutsche Bank AG/Commerzbank AG

ISIN: CH1425306862 Security: 142530686 Symbol: n.a. Life cycle
Secondary market

Bid Price 105.91%

Ask Price 0.00%

Currency EUR

Exchange ZKB

Volume 75'000.00

Volume n.a.

Date/time (realtime) 16.12.2025 05:16:09

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Deutsche Bank N31.89521.51EUR21.51
(100.00%)
32.53%13.982
(65.00%)
56.14%1'162.2501
Commerzbank A34.5121.11EUR21.11
(100.00%)
38.72%13.722
(65.00%)
60.17%1'184.2729

Reference data

ISIN CH1425306862
Security 142530686
Symbol n.a.
Currency EUR
Currency hedging No
Nominal amount 25'000.00
Barrier level observation continuous
Maximum repayment 29'366.05

Coupon

Coupon (Coupon p.a.)17.46% (17.37% )
Coupon paymentguaranteed
Interest portion p.a.1.98%
Premium portion p.a.15.38%
Coupon date09.04.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date31.03.2025
Payment day07.04.2025
First trading day07.04.2025
Last trading day31.03.2026
Final fixing day31.03.2026
Redemption date09.04.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term103
Issue amount75'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 25'000.00
Performance of underlying since issue 48.21%

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 marketYes
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 date09.04.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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