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ZKB Barrier Reverse Convertible on worst of
Continental AG/Volkswagen AG/TUI AG

ISIN: CH1446508595 Security: 144650859 Symbol: n.a. Life cycle
Secondary market

Bid Price 98.90%

Ask Price 0.00%

Currency qUSD

Exchange ZKB

Volume 250'000.00

Volume n.a.

Date/time (realtime) 02.06.2025 05:45:56

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Continental A75.9475.00EUR75.00
(100.00%)
1.24%41.250
(55.00%)
45.68%n.a.
Volkswagen VA93.5103.50EUR103.50
(100.00%)
-10.70%56.925
(55.00%)
39.12%n.a.
TUI N7.4786.822EUR6.82
(100.00%)
8.77%3.752
(55.00%)
49.82%n.a.

Reference data

ISIN CH1446508595
Security 144650859
Symbol n.a.
Currency qUSD
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'159.06

Coupon

Coupon (Coupon p.a.)15.91% (15.78% )
Coupon paymentguaranteed
Interest portion p.a.4.08%
Premium portion p.a.11.69%
Coupon date24.11.2025
Day count conventionAct/365 (Englisch), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date16.05.2025
Payment day23.05.2025
First trading day23.05.2025
Last trading day18.05.2026
Final fixing day18.05.2026
Redemption date26.05.2026
Redemption typeCash Settlement
Early redemptionNo
Residual term349
Issue amount250'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -9.66%

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 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, Guernsey, EEA, GB

Redemption

Redemption date26.05.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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