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ZKB Barrier Reverse Convertible on worst of
Bayerische Motoren Werke AG/Deutsche Telekom AG/MTU Aero Engines AG

ISIN: CH1510921534 Security: 151092153 Symbol: n.a. Life cycle
Secondary market

Bid Price 97.38%

Ask Price 0.00%

Currency EUR

Exchange ZKB

Volume 200'000.00

Volume n.a.

Date/time (realtime) 29.01.2026 03:16:02

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
BMW A87.5690.02EUR90.02
(100.00%)
-2.76%49.511
(55.00%)
43.48%11.1086
Deutsche Telekom N27.4527.60EUR27.60
(100.00%)
-0.40%15.180
(55.00%)
44.78%36.2319
MTU AERO ENG N377385.55EUR385.55
(100.00%)
-2.11%212.053
(55.00%)
43.84%2.5937

Reference data

ISIN CH1510921534
Security 151092153
Symbol n.a.
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'114.95

Coupon

Coupon (Coupon p.a.)11.50% (11.50% )
Coupon paymentguaranteed
Interest portion p.a.1.96%
Premium portion p.a.9.54%
Coupon date22.01.2027
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date15.01.2026
Payment day22.01.2026
First trading day22.01.2026
Last trading day15.01.2027
Final fixing day15.01.2027
Redemption date22.01.2027
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term350
Issue amount200'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -2.69%

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 Return1.96%
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 date22.01.2027
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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