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ZKB Barrier Reverse Convertible on worst of
Novartis AG/Nestlé AG/UBS Group AG

ISIN: CH1511282803 Security: 151128280 Symbol: n.a. Life cycle
gray-market

Bid Price n.a.

Ask Price n.a.

Currency n.a.

Exchange ZKB

Volume n.a.

Volume n.a.

Date/time (delayed) n.a. n.a.

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Novartis N122.9122.86CHF116.72
(95.00%)
n.a.70.030
(57.00%)
n.a.8.5677
Nestlé N78.3978.26CHF74.35
(95.00%)
n.a.44.608
(57.00%)
n.a.13.4504
UBS Group AG31.5631.69CHF30.11
(95.00%)
n.a.18.063
(57.00%)
n.a.33.2165

Reference data

ISIN CH1511282803
Security 151128280
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'037.00

Coupon

Coupon (Coupon p.a.)3.70% (7.40% )
Coupon paymentguaranteed
Interest portion p.a.0.00%
Premium portion p.a.7.40%
Coupon date08.10.2026
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date01.04.2026
Payment day08.04.2026
First trading day08.04.2026
Last trading day01.10.2026
Final fixing day01.10.2026
Redemption date08.10.2026
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term182
Issue amount2'000'000.00

Price data

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

Product type

SSPA derivative category Yield enhancement
SSPA code Barrier reverse convertible (1230)

Legal parties

Issuer Zürcher Kantonalbank, Zürich
Keep-Well Agreement
Issuer rating Standard & Poor's AAA, Moody's Aaa, Fitch AAA
Lead manager Zürcher Kantonalbank, Zürich
Payment, execution and calculation agent Zürcher Kantonalbank, Zürich

Tax aspects (Private investor tax domicile Switzerland)

Income taxNo
Withholding taxYes
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 Return0.00%
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 date08.10.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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