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ZKB Barrier Reverse Convertible on worst of
McDonald's Corp/Starbucks Corp/The Walt Disney Company/The Kraft Heinz Company/Mondelez International Inc

ISIN: CH1446526308 Security: 144652630 Symbol: n.a. Life cycle
Secondary market

Bid Price 98.06%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 40'000.00

Volume n.a.

Date/time (realtime) 18.02.2026 05:21:04

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
McDonald's A327.89299.495USD299.50
(100.00%)
8.46%164.722
(55.00%)
49.65%133.5582
Starbucks A95.7695.43USD95.43
(100.00%)
0.76%52.487
(55.00%)
45.42%419.1554
Walt Disney A107.1121.44USD121.44
(100.00%)
-13.35%66.792
(55.00%)
37.66%329.3808
The Kraft Heinz Co A23.9526.645USD26.65
(100.00%)
-10.81%14.655
(55.00%)
39.05%1'501.2197
Mondelez Int Inc -A-60.0867.105USD67.11
(100.00%)
-12.46%36.908
(55.00%)
38.15%596.0808

Reference data

ISIN CH1446526308
Security 144652630
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 40'000.00
Barrier level observation continuous
Maximum repayment 44'680.00

Coupon

Coupon (Coupon p.a.)11.70% (11.70% )
Coupon paymentguaranteed
Interest portion p.a.4.01%
Premium portion p.a.7.69%
Coupon date17.04.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date10.07.2025
Payment day17.07.2025
First trading day17.07.2025
Last trading day10.07.2026
Final fixing day10.07.2026
Redemption date17.07.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term140
Issue amount40'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 40'000.00
Performance of underlying since issue -11.78%

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 date17.07.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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