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0.63% (0.50% p.a.) ZKB Barrier Reverse Convertible Last Look on worst of mit Partizipation
Siemens N/SAP A/BASF N/Deutsche Telekom N

ISIN: CH1425316168 Security: 142531616 Symbol: Z25ARZ Life cycle
Secondary market

Bid Price 101.08%

Ask Price 101.88%

Currency EUR

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 25.06.2025 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Siemens N213.6185.30EUR185.30
(100.00%)
13.43%166.770
(90.00%)
22.09%5.3967
SAP A252.5232.65EUR232.65
(100.00%)
8.03%209.385
(90.00%)
17.22%4.2983
BASF N41.5541.95EUR41.95
(100.00%)
-0.82%37.755
(90.00%)
9.26%23.8379
Deutsche Telekom N30.7531.65EUR31.65
(100.00%)
-2.53%28.485
(90.00%)
7.73%31.5956

Reference data

ISIN CH1425316168
Security 142531616
Symbol Z25ARZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment n.a.

Coupon

Coupon (Coupon p.a.)SIE + 0.50%
Coupon paymentguaranteed
Interest portion p.a.SIE
Premium portion p.a.0.500%
Coupon date22.04.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date15.04.2025
Payment day22.04.2025
First trading day22.04.2025
Last trading day15.07.2026
Final fixing day15.07.2026
Redemption date22.07.2026
Redemption typeCash Settlement
Early redemptionNo
Residual term384
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -2.46%

Product type

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

Legal parties

Issuer Zürcher 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 securitiesNo
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, EEA, Guernsey, GB

Redemption

Redemption date22.07.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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