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ZKB Barrier Reverse Convertible on worst of
BlackRock Inc/Wells Fargo & Co/Bank of America Corp/KKR & Co Inc

ISIN: CH1510917060 Security: 151091706 Symbol: n.a. Life cycle
gray-market

Bid Price 99.37%

Ask Price 0.00%

Currency USD

Exchange ZKB

Volume 25'000.00

Volume n.a.

Date/time (realtime) 23.12.2025 05:21:12

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
BlackRock N1088.961'089.3363USD1'089.34
(100.00%)
-0.44%653.602
(60.00%)
39.74%22.9498
Wells Fargo A95.394.1735USD94.17
(100.00%)
0.22%56.504
(60.00%)
40.13%265.4675
Bank of America A56.2555.9446USD55.94
(100.00%)
0.03%33.567
(60.00%)
40.02%446.8707
KKR & Co N130.78131.6566USD131.66
(100.00%)
-0.57%78.994
(60.00%)
39.66%189.8879

Reference data

ISIN CH1510917060
Security 151091706
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 25'000.00
Barrier level observation continuous
Maximum repayment 28'105.70

Coupon

Coupon (Coupon p.a.)12.42% (12.42% )
Coupon paymentguaranteed
Interest portion p.a.3.49%
Premium portion p.a.8.93%
Coupon date31.12.2025
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date23.12.2025
Payment day30.12.2025
First trading day30.12.2025
Last trading day23.12.2026
Final fixing day23.12.2026
Redemption date31.12.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term361
Issue amount25'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 25'000.00
Performance of underlying since issue -0.57%

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 date31.12.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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