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ZKB Barrier Reverse Convertible on worst of
Roche Holding AG/Geberit AG/Moët Hennessy Louis Vuitton SE/Airbnb Inc

ISIN: CH1446508926 Security: 144650892 Symbol: n.a. Life cycle
Secondary market

Bid Price 110.96%

Ask Price n.a.

Currency qEUR

Exchange ZKB

Volume 10'000.00

Volume n.a.

Date/time (realtime) 20.05.2026 10:16:19

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Roche GSn.v260.20CHF260.20
(100.00%)
-20.26%182.140
(70.00%)
-44.18%n.a.
Geberit Nn.v603.20CHF603.20
(100.00%)
22.58%422.240
(70.00%)
-14.20%n.a.
LVMH An.v502.55EUR502.55
(100.00%)
8.97%351.785
(70.00%)
-23.72%n.a.
Airbnb N -A-n.v135.8513USD135.85
(100.00%)
3.58%95.096
(70.00%)
-27.50%n.a.

Reference data

ISIN CH1446508926
Security 144650892
Symbol n.a.
Currency qEUR
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment 1'112.38

Coupon

Coupon (Coupon p.a.)11.24% (11.18% )
Coupon paymentguaranteed
Interest portion p.a.1.80%
Premium portion p.a.9.37%
Coupon date28.05.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date19.05.2025
Payment day26.05.2025
First trading day26.05.2025
Last trading day20.05.2026
Final fixing day20.05.2026
Redemption date28.05.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term0
Issue amount20'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -18.42%

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 Return1.80%
Cash value of fixed income investment upon issue100.00%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date28.05.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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