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ZKB Barrier Reverse Convertible on worst of
Coca-Cola Co/PepsiCo Inc/Starbucks Corp/McDonald's Corp/The Kraft Heinz Company

ISIN: CH1446529815 Security: 144652981 Symbol: n.a. Life cycle
Secondary market

Bid Price 101.89%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 100'000.00

Volume n.a.

Date/time (realtime) 18.02.2026 05:21:12

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Coca-Cola A79.4970.375USD70.38
(100.00%)
11.49%47.151
(67.00%)
40.70%14.2096
PepsiCo A164.39144.97USD144.97
(100.00%)
11.16%97.130
(67.00%)
40.48%6.8980
Starbucks A95.7693.565USD93.57
(100.00%)
2.76%62.689
(67.00%)
34.85%10.6878
McDonald's A327.89299.295USD299.30
(100.00%)
8.56%200.528
(67.00%)
38.74%3.3412
The Kraft Heinz Co A23.9528.155USD28.16
(100.00%)
-17.09%18.864
(67.00%)
21.55%35.5177

Reference data

ISIN CH1446529815
Security 144652981
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment 1'106.89

Coupon

Coupon (Coupon p.a.)10.69% (10.54% )
Coupon paymentguaranteed
Interest portion p.a.4.03%
Premium portion p.a.6.51%
Coupon date31.07.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date18.07.2025
Payment day25.07.2025
First trading day25.07.2025
Last trading day24.07.2026
Final fixing day24.07.2026
Redemption date31.07.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term154
Issue amount100'000.00

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 -14.60%

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 marketYes
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return4.03%
Cash value of fixed income investment upon issue96.08%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date31.07.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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