Inhaltsseite: Home

ZKB Autocallable Barrier Reverse Convertible on worst of
SAP SE/Siemens AG/Deutsche Telekom AG

ISIN: CH1446534096 Security: 144653409 Symbol: Z0BERZ Life cycle
Secondary market

Bid Price 61.87%

Ask Price 62.77%

Currency EUR

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 10.04.2026 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
SAP A139.38248.85EUR248.85
(100.00%)
-78.44%Hitn.v4.0185
Siemens N229.45219.00EUR219.00
(100.00%)
5.11%n.v.n.v4.5662
Deutsche Telekom N30.9931.31EUR31.31
(100.00%)
-0.74%n.v.n.v31.9387

Reference data

ISIN CH1446534096
Security 144653409
Symbol Z0BERZ
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment n.a.

Coupon

Coupon (Coupon p.a.)SAP + 8.40%
Coupon paymentguaranteed

Life cycle

Issue price100.00%
Initial fixing date06.08.2025
Payment day12.08.2025
First trading day12.08.2025
Last trading day08.02.2027
Final fixing day08.02.2027
Redemption date12.02.2027
Redemption typephysical delivery or cash settlement
Early redemptionYes
Next observation date05.05.2026
Residual term302
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 -43.96%

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 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 date12.02.2027
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Ajax loading