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ZKB Autocallable Barrier Reverse Convertible on worst of
Bank of America Corp/ServiceNow Inc/Visa Inc

ISIN: CH1446534880 Security: 144653488 Symbol: n.a. Life cycle
Secondary market

Bid Price 65.31%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 20.01.2026 05:11:20

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Bank of America A53.23548.365USD48.37
(100.00%)
9.25%33.856
(70.00%)
36.48%103.3805
ServiceNow N127.3199.435USD199.44
(100.00%)
-56.63%139.605
(70.00%)
-9.64%25.0708
Visa A -A-326.325355.675USD355.68
(100.00%)
-9.27%248.973
(70.00%)
23.51%14.0578

Reference data

ISIN CH1446534880
Security 144653488
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 5'000.00
Barrier level observation at maturity
Maximum repayment n.a.

Coupon

Coupon (Coupon p.a.)BAC + 9.64%
Coupon paymentguaranteed

Life cycle

Issue price100.00%
Initial fixing date29.07.2025
Payment day01.08.2025
First trading day01.08.2025
Last trading day26.01.2026
Final fixing day26.01.2026
Redemption date02.02.2026
Redemption typephysical delivery or cash settlement
Early redemptionYes
Next observation date26.01.2026
Residual term5
Issue amount50'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 5'000.00
Performance of underlying since issue -36.15%

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 date02.02.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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