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ZKB Barrier Reverse Convertible on worst of
Lonza Group AG/Alcon AG/Sonova Holding AG/Straumann Holding AG

ISIN: CH1425303729 Security: 142530372 Symbol: Z0AXHZ Life cycle
Secondary market

Bid Price 86.14%

Ask Price 86.89%

Currency CHF

Exchange SIX Structured Products

Volume 100'000.00

Volume 100'000.00

Date/time (delayed) 27.05.2026 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Lonza Grp N496.8542.20CHF542.20
(100.00%)
-9.20%303.632
(56.00%)
38.85%1.8443
Alcon N52.7683.22CHF83.22
(100.00%)
-57.91%46.603
(56.00%)
11.57%12.0163
Sonova Hldg N210256.50CHF256.50
(100.00%)
-22.38%143.640
(56.00%)
31.47%3.8986
Straumann Hldg N91105.95CHF105.95
(100.00%)
-17.18%59.332
(56.00%)
34.38%9.4384

Reference data

ISIN CH1425303729
Security 142530372
Symbol Z0AXHZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'111.75

Coupon

Coupon (Coupon p.a.)11.18% (7.45% )
Coupon paymentguaranteed
Interest portion p.a.0.08%
Premium portion p.a.7.37%
Coupon date07.10.2026
Day count convention30/360 (German), modified following
Accrued coupon4.82%

Life cycle

Issue price100.00%
Initial fixing date31.03.2025
Payment day07.04.2025
First trading day07.04.2025
Last trading day30.09.2026
Final fixing day30.09.2026
Redemption date07.10.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term125
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -36.67%

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 date07.10.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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