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ZKB Barrier Reverse Convertible on worst of
Alibaba Group Holding Ltd/Baidu Inc/PDD Holdings Inc

ISIN: CH1492818161 Security: 149281816 Symbol: n.a. Life cycle
Secondary market

Bid Price 101.22%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 90'000.00

Volume n.a.

Date/time (realtime) 05.11.2025 05:45:58

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Alibaba Grp A164.77157.8776USD157.88
(100.00%)
4.08%110.514
(70.00%)
32.86%31.6701
Baidu ADR124.68115.8627USD115.86
(100.00%)
6.48%81.104
(70.00%)
34.54%43.1545
PDD Holdings Inc N136.25122.8847USD122.88
(100.00%)
9.63%86.019
(70.00%)
36.74%40.6885

Reference data

ISIN CH1492818161
Security 149281816
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 5'000.00
Barrier level observation at maturity
Maximum repayment 5'481.57

Coupon

Coupon (Coupon p.a.)9.63% (19.32% )
Coupon paymentguaranteed
Interest portion p.a.3.73%
Premium portion p.a.15.58%
Coupon date23.01.2026
Day count conventionAct/365 (Englisch), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date17.10.2025
Payment day23.10.2025
First trading day23.10.2025
Last trading day16.04.2026
Final fixing day16.04.2026
Redemption date23.04.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term161
Issue amount90'000.00

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 4.26%

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 date23.04.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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