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ZKB Barrier Reverse Convertible on worst of
American Airlines Group Inc/Delta Air Lines Inc (DE)

ISIN: CH1492825927 Security: 149282592 Symbol: n.a. Life cycle
gray-market

Bid Price 98.41%

Ask Price 0.00%

Currency qGBP

Exchange ZKB

Volume 100'000.00

Volume n.a.

Date/time (realtime) 31.10.2025 05:45:24

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
American Airlines N13.014813.025USD13.03
(100.00%)
0.53%7.164
(55.00%)
45.29%n.a.
Delta Air Lines N57.1858.65USD58.65
(100.00%)
-0.54%32.258
(55.00%)
44.70%n.a.

Reference data

ISIN CH1492825927
Security 149282592
Symbol n.a.
Currency qGBP
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'070.82

Coupon

Coupon (Coupon p.a.)7.08% (14.01% )
Coupon paymentguaranteed
Interest portion p.a.3.81%
Premium portion p.a.10.20%
Coupon date08.05.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date30.10.2025
Payment day06.11.2025
First trading day06.11.2025
Last trading day30.04.2026
Final fixing day30.04.2026
Redemption date08.05.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term180
Issue amount100'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot GBP 1'000.00
Performance of underlying since issue -0.54%

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 Return3.81%
Cash value of fixed income investment upon issue100.00%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date08.05.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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