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ZKB Barrier Reverse Convertible on worst of
Lonza Group AG/Adecco Group AG/Partners Group Holding AG

ISIN: CH1446533221 Security: 144653322 Symbol: Z0BE8Z Life cycle
Secondary market

Bid Price 88.91%

Ask Price 89.66%

Currency CHF

Exchange ZKB

Volume 500'000.00

Volume 500'000.00

Date/time (realtime) 09.12.2025 05:58:39

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Lonza Grp N541.6565.60CHF565.60
(100.00%)
-4.43%339.360
(60.00%)
37.34%3.5361
Adecco N21.5824.94CHF24.94
(100.00%)
-15.57%14.964
(60.00%)
30.66%80.1925
Part Grp Hldg N9551'092.00CHF1'092.00
(100.00%)
-14.35%655.200
(60.00%)
31.39%1.8315

Reference data

ISIN CH1446533221
Security 144653322
Symbol Z0BE8Z
Currency CHF
Currency hedging No
Nominal amount 2'000.00
Barrier level observation continuous
Maximum repayment 2'280.50

Coupon

Coupon (Coupon p.a.)14.03% (9.35% )
Coupon paymentguaranteed
Interest portion p.a.0.00%
Premium portion p.a.9.35%
Coupon date11.02.2026
Day count convention30/360 (German), modified following
Accrued coupon3.14%

Life cycle

Issue price100.00%
Initial fixing date04.08.2025
Payment day11.08.2025
First trading day11.08.2025
Last trading day04.02.2027
Final fixing day04.02.2027
Redemption date11.02.2027
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term420
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 2'000.00
Performance of underlying since issue -13.47%

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 taxNo
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 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 date11.02.2027
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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