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ZKB Barrier Reverse Convertible on worst of
Alphabet Inc/Apple Inc/Berkshire Hathaway Inc

ISIN: CH1446510153 Security: 144651015 Symbol: n.a. Life cycle
Secondary market

Bid Price 104.14%

Ask Price n.a.

Currency USD

Exchange ZKB

Volume 100'000.00

Volume n.a.

Date/time (realtime) 08.05.2026 02:25:28

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Alphabet A -A-400.8169.645USD169.65
(100.00%)
-57.37%101.787
(60.00%)
-74.42%294.7331
Apple A293.32206.115USD206.12
(100.00%)
-28.29%123.669
(60.00%)
-56.97%242.5830
Berkshire Hathaway A475.94508.475USD508.48
(100.00%)
7.03%305.085
(60.00%)
-35.78%98.3333

Reference data

ISIN CH1446510153
Security 144651015
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 50'000.00
Barrier level observation at maturity
Maximum repayment 55'249.88

Coupon

Coupon (Coupon p.a.)10.50% (10.53% )
Coupon paymentguaranteed
Interest portion p.a.4.13%
Premium portion p.a.6.40%
Coupon date29.05.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date21.05.2025
Payment day30.05.2025
First trading day30.05.2025
Last trading day21.05.2026
Final fixing day21.05.2026
Redemption date29.05.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term11
Issue amount100'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 50'000.00
Performance of underlying since issue -6.57%

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 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 date29.05.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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