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ZKB Barrier Reverse Convertible on worst of
United Airlines Holdings Inc/American Airlines Group Inc

ISIN: CH1425318644 Security: 142531864 Symbol: n.a. Life cycle
Secondary market

Bid Price 104.11%

Ask Price 0.00%

Currency qGBP

Exchange ZKB

Volume 20'000.00

Volume n.a.

Date/time (realtime) 12.05.2025 03:11:05

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
United Airlines N77.2768.715USD68.72
(100.00%)
11.07%34.358
(50.00%)
55.54%n.a.
American Airlines N11.119.525USD9.53
(100.00%)
14.27%4.763
(50.00%)
57.13%n.a.

Reference data

ISIN CH1425318644
Security 142531864
Symbol n.a.
Currency qGBP
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'097.47

Coupon

Coupon (Coupon p.a.)9.75% (19.71% )
Coupon paymentguaranteed
Interest portion p.a.4.06%
Premium portion p.a.15.65%
Coupon date31.10.2025
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date24.04.2025
Payment day02.05.2025
First trading day02.05.2025
Last trading day24.10.2025
Final fixing day24.10.2025
Redemption date31.10.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term164
Issue amount20'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot GBP 1'000.00
Performance of underlying since issue 12.45%

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 Return4.06%
Cash value of fixed income investment upon issue98.05%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date31.10.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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