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ZKB Barrier Reverse Convertible on worst of
Prosus N.V./Adyen N.V./Royal Philips NV

ISIN: CH1446530284 Security: 144653028 Symbol: Z0BDSZ Life cycle
Secondary market

Bid Price 97.76%

Ask Price 98.51%

Currency EUR

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 12.09.2025 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Prosus NV Hldg A54.5951.14EUR51.14
(100.00%)
6.47%25.059
(49.00%)
54.17%39.1083
Adyen A1345.21'583.40EUR1'583.40
(100.00%)
-17.36%775.866
(49.00%)
42.49%1.2631
Philips A24.0422.10EUR22.10
(100.00%)
7.99%10.829
(49.00%)
54.92%90.4977

Reference data

ISIN CH1446530284
Security 144653028
Symbol Z0BDSZ
Currency EUR
Currency hedging No
Nominal amount 2'000.00
Barrier level observation continuous
Maximum repayment 2'200.00

Coupon

Coupon (Coupon p.a.)10.00% (10.00% )
Coupon paymentguaranteed
Interest portion p.a.1.82%
Premium portion p.a.8.18%
Coupon date04.02.2026
Day count convention30/360 (German), modified following
Accrued coupon1.19%

Life cycle

Issue price100.00%
Initial fixing date28.07.2025
Payment day04.08.2025
First trading day04.08.2025
Last trading day28.07.2026
Final fixing day28.07.2026
Redemption date04.08.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term317
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 2'000.00
Performance of underlying since issue -14.79%

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 date04.08.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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