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ZKB Barrier Reverse Convertible on worst of
Bayer AG/Sanofi SA/Royal Philips NV

ISIN: CH1510922607 Security: 151092260 Symbol: Z0C28Z Life cycle
Secondary market

Bid Price 97.27%

Ask Price 98.02%

Currency EUR

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

Date/time (delayed) 25.02.2026 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Bayer N42.58546.365EUR46.37
(100.00%)
1.90%25.501
(55.00%)
46.05%21.5680
Sanofi A80.7979.88EUR79.88
(100.00%)
-0.49%43.934
(55.00%)
44.73%12.5188
Philips A26.624.76EUR24.76
(100.00%)
2.99%13.618
(55.00%)
46.64%40.3877

Reference data

ISIN CH1510922607
Security 151092260
Symbol Z0C28Z
Currency EUR
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'135.00

Coupon

Coupon (Coupon p.a.)13.50% (13.50% )
Coupon paymentguaranteed
Interest portion p.a.1.96%
Premium portion p.a.11.54%
Coupon date03.08.2026
Day count convention30/360 (German), modified following
Accrued coupon1.13%

Life cycle

Issue price100.00%
Initial fixing date26.01.2026
Payment day02.02.2026
First trading day02.02.2026
Last trading day26.01.2027
Final fixing day26.01.2027
Redemption date02.02.2027
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term334
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot EUR 1'000.00
Performance of underlying since issue -0.49%

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 date02.02.2027
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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