Inhaltsseite: Home

ZKB Barrier Reverse Convertible on worst of
Banco Santander SA/ING Group NV/BNP Paribas SA

ISIN: CH1446507050 Security: 144650705 Symbol: Z0B4AZ Life cycle
Secondary market

Bid Price 101.62%

Ask Price 102.37%

Currency EUR

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 31.10.2025 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Banco Santander N8.8266.943EUR6.94
(100.00%)
21.05%4.166
(60.00%)
52.63%144.0300
ING Groep21.7219.046EUR19.05
(100.00%)
12.31%11.428
(60.00%)
47.39%52.5045
BNP Paribas A67.0677.15EUR77.15
(100.00%)
-15.51%46.290
(60.00%)
30.69%12.9618

Reference data

ISIN CH1446507050
Security 144650705
Symbol Z0B4AZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'087.50

Coupon

Coupon (Coupon p.a.)8.75% (8.75% )
Coupon paymentguaranteed
Interest portion p.a.1.80%
Premium portion p.a.6.95%
Coupon date26.11.2025
Day count convention30/360 (German), modified following
Accrued coupon3.86%

Life cycle

Issue price100.00%
Initial fixing date19.05.2025
Payment day26.05.2025
First trading day26.05.2025
Last trading day19.05.2026
Final fixing day19.05.2026
Redemption date26.05.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term199
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -13.43%

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

Ajax loading