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ZKB Barrier Reverse Convertible on worst of
Swiss Life Holding AG/Lonza Group AG/Givaudan AG/The Swatch Group AG

ISIN: CH1425321804 Security: 142532180 Symbol: Z0B39Z Life cycle
Secondary market

Bid Price 105.45%

Ask Price 106.20%

Currency CHF

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 08.04.2026 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Swiss Life N892.6829.00CHF829.00
(100.00%)
7.46%489.110
(59.00%)
45.40%6.0314
Lonza Grp N508.6570.60CHF570.60
(100.00%)
-11.71%336.654
(59.00%)
34.09%8.7627
Givaudan N27963'994.00CHF3'994.00
(100.00%)
-43.05%2'356.460
(59.00%)
15.60%1.2519
The Swatch Grp A184.7148.25CHF148.25
(100.00%)
19.52%87.468
(59.00%)
52.51%33.7268

Reference data

ISIN CH1425321804
Security 142532180
Symbol Z0B39Z
Currency CHF
Currency hedging No
Nominal amount 5'000.00
Barrier level observation continuous
Maximum repayment 5'425.00

Coupon

Coupon (Coupon p.a.)8.50% (8.50% )
Coupon paymentguaranteed
Interest portion p.a.0.00%
Premium portion p.a.8.50%
Coupon date20.05.2026
Day count convention30/360 (German), modified following
Accrued coupon7.63%

Life cycle

Issue price100.00%
Initial fixing date14.05.2025
Payment day20.05.2025
First trading day20.05.2025
Last trading day15.05.2026
Final fixing day15.05.2026
Redemption date20.05.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term36
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 -30.10%

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 taxNo
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 Return0.00%
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 date20.05.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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