Inhaltsseite: Home

0.63% (0.50% p.a.) ZKB Barrier Reverse Convertible Last Look on worst of mit Partizipation
Telefonica A/LANXESS A/Infineon Technolog N

ISIN: CH1446510427 Security: 144651042 Symbol: Z25AVZ Life cycle
Secondary market

Bid Price 98.25%

Ask Price 98.85%

Currency EUR

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 03.06.2025 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Telefonica A4.6724.607EUR4.61
(100.00%)
1.50%4.146
(90.00%)
11.35%217.0610
LANXESS A26.4226.28EUR26.28
(100.00%)
0.76%23.652
(90.00%)
10.68%38.0518
Infineon Technolog N34.3634.705EUR34.71
(100.00%)
-0.78%31.235
(90.00%)
9.29%28.8143

Reference data

ISIN CH1446510427
Security 144651042
Symbol Z25AVZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment n.a.

Coupon

Coupon (Coupon p.a.)TEF + 0.50%
Coupon paymentguaranteed
Interest portion p.a.TEF
Premium portion p.a.0.500%
Coupon date29.05.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date22.05.2025
Payment day30.05.2025
First trading day30.05.2025
Last trading day24.08.2026
Final fixing day24.08.2026
Redemption date31.08.2026
Redemption typeCash Settlement
Early redemptionNo
Residual term445
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 -0.78%

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zürcher 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 securitiesNo
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, EEA, Guernsey, GB

Redemption

Redemption date31.08.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Ajax loading