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ZKB Barrier Reverse Convertible on worst of
Nordex SE/Stadler Rail AG/BACHEM HOLDING AG

ISIN: CH1510926350 Security: 151092635 Symbol: n.a. Life cycle
Secondary market

Bid Price 92.59%

Ask Price 0.00%

Currency qEUR

Exchange ZKB

Volume 40'000.00

Volume n.a.

Date/time (realtime) 18.02.2026 05:15:28

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Nordex A34.6433.82EUR33.82
(100.00%)
2.20%18.263
(54.00%)
47.19%n.a.
Stadler Rail N20.5219.53CHF19.53
(100.00%)
4.82%10.546
(54.00%)
48.61%n.a.
Bachem Holding6675.25CHF75.25
(100.00%)
-14.02%40.635
(54.00%)
38.43%n.a.

Reference data

ISIN CH1510926350
Security 151092635
Symbol n.a.
Currency qEUR
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'125.46

Coupon

Coupon (Coupon p.a.)12.55% (12.55% )
Coupon paymentguaranteed
Interest portion p.a.1.96%
Premium portion p.a.10.59%
Coupon date03.08.2026
Day count conventionAct/365 (Englisch), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date27.01.2026
Payment day03.02.2026
First trading day03.02.2026
Last trading day27.01.2027
Final fixing day27.01.2027
Redemption date03.02.2027
Redemption typeCash Settlement
Early redemptionNo
Residual term342
Issue amount40'000.00

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 -12.29%

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 securitiesNo
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 date03.02.2027
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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