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ZKB Barrier Reverse Convertible on worst of
ING Group NV/BNP Paribas SA/Deutsche Bank AG/Banco Bilbao Vizcaya Argentaria SA

ISIN: CH1446522067 Security: 144652206 Symbol: Z0BANZ Life cycle
Secondary market

Bid Price 99.91%

Ask Price 100.66%

Currency EUR

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 23.07.2025 09:36:27

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
ING Groep19.77219.178EUR19.18
(100.00%)
3.22%10.356
(54.00%)
47.74%52.1431
BNP Paribas A77.8775.94EUR75.94
(100.00%)
2.70%41.008
(54.00%)
47.46%13.1683
Deutsche Bank N26.324.83EUR24.83
(100.00%)
6.09%13.408
(54.00%)
49.29%40.2739
BBVA12.62513.15EUR13.15
(100.00%)
-2.37%7.101
(54.00%)
44.72%76.0456

Reference data

ISIN CH1446522067
Security 144652206
Symbol Z0BANZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'100.00

Coupon

Coupon (Coupon p.a.)10.00% (10.00% )
Coupon paymentguaranteed
Interest portion p.a.1.76%
Premium portion p.a.8.24%
Coupon date14.01.2026
Day count convention30/360 (German), modified following
Accrued coupon0.39%

Life cycle

Issue price100.00%
Initial fixing date07.07.2025
Payment day14.07.2025
First trading day14.07.2025
Last trading day07.07.2026
Final fixing day07.07.2026
Redemption date14.07.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term348
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 -2.32%

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 date14.07.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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