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ZKB Barrier Reverse Convertible auf
Chipotle Mexican Grill Inc

ISIN: CH1446511391 Security: 144651139 Symbol: n.a. Life cycle
gray-market

Bid Price 98.16%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 20'000.00

Volume n.a.

Date/time (realtime) 02.06.2025 05:45:50

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Chipotle Mex.Grill A49.8451.2986USD51.30
(100.00%)
-4.24%35.909
(70.00%)
27.03%389.8742

Reference data

ISIN CH1446511391
Security 144651139
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 20'000.00
Barrier level observation continuous
Maximum repayment 21'057.36

Coupon

Coupon (Coupon p.a.)5.29% (10.46% )
Coupon paymentguaranteed
Interest portion p.a.4.38%
Premium portion p.a.6.08%
Coupon date05.12.2025
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date27.05.2025
Payment day03.06.2025
First trading day03.06.2025
Last trading day28.11.2025
Final fixing day28.11.2025
Redemption date05.12.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term178
Issue amount20'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 20'000.00
Performance of underlying since issue -4.07%

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 Return4.38%
Cash value of fixed income investment upon issue97.86%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date05.12.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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