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ZKB Barrier Reverse Convertible on worst of
Holcim Ltd/Sika AG/Givaudan AG

ISIN: CH1425311490 Security: 142531149 Symbol: Z0AZMZ Life cycle
Secondary market

Bid Price 105.35%

Ask Price 106.15%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 14.05.2025 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Holcim N98.1884.32CHF84.32
(100.00%)
13.73%52.278
(62.00%)
46.51%59.2979
Sika N220.6191.65CHF191.65
(100.00%)
12.77%118.823
(62.00%)
45.92%26.0892
Givaudan N39943'668.00CHF3'668.00
(100.00%)
7.63%2'274.160
(62.00%)
42.73%1.3631

Reference data

ISIN CH1425311490
Security 142531149
Symbol Z0AZMZ
Currency CHF
Currency hedging No
Nominal amount 5'000.00
Barrier level observation continuous
Maximum repayment 5'337.50

Coupon

Coupon (Coupon p.a.)6.75% (6.75% )
Coupon paymentguaranteed
Interest portion p.a.0.01%
Premium portion p.a.6.74%
Coupon date17.04.2026
Day count convention30/360 (German), modified following
Accrued coupon0.60%

Life cycle

Issue price100.00%
Initial fixing date10.04.2025
Payment day17.04.2025
First trading day17.04.2025
Last trading day10.04.2026
Final fixing day10.04.2026
Redemption date17.04.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term329
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 5'000.00
Performance of underlying since issue 8.26%

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 Return0.01%
Cash value of fixed income investment upon issue99.99%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date17.04.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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