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ZKB Barrier Reverse Convertible on worst of
Zscaler Inc/Salesforce.com Inc

ISIN: CH1446527025 Security: 144652702 Symbol: n.a. Life cycle
Secondary market

Bid Price 98.48%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 300'000.00

Volume n.a.

Date/time (realtime) 23.07.2025 09:51:27

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zscaler N285.71293.035USD293.04
(100.00%)
-2.56%234.428
(80.00%)
17.95%3.4126
Salesforce.com A263.59259.815USD259.82
(100.00%)
1.43%207.852
(80.00%)
21.15%3.8489

Reference data

ISIN CH1446527025
Security 144652702
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment 1'184.21

Coupon

Coupon (Coupon p.a.)18.42% (18.32% )
Coupon paymentguaranteed
Interest portion p.a.4.02%
Premium portion p.a.14.30%
Coupon date20.07.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date11.07.2025
Payment day18.07.2025
First trading day18.07.2025
Last trading day13.07.2026
Final fixing day13.07.2026
Redemption date20.07.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term354
Issue amount300'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -2.50%

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 Return4.02%
Cash value of fixed income investment upon issue96.11%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date20.07.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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