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ZKB Barrier Reverse Convertible on worst of Zurich Insur Gr N / Swiss Life Hldg N / Swiss Re N
Zurich Insurance Group AG/Swiss Life Holding AG/Swiss Re AG

ISIN: CH1214852241 Security: 121485224 Symbol: Z064OZ Life cycle
Secondary market

Bid Price 108.90%

Ask Price 109.40%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 31.05.2024 05:15:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N473.7398.30CHF398.30
(100.00%)
15.92%234.997
(59.00%)
50.39%2.5107
Swiss Life N627.8447.40CHF447.40
(100.00%)
28.74%263.966
(59.00%)
57.95%2.2351
Swiss Re N114.772.52CHF72.52
(100.00%)
36.77%42.787
(59.00%)
62.70%13.7893

Reference data

ISIN CH1214852241
Security 121485224
Symbol Z064OZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'166.25

Coupon

Coupon (Coupon p.a.)16.63% (9.50% )
Coupon paymentguaranteed
Interest portion p.a.1.32%
Premium portion p.a.8.18%
Coupon date19.07.2024
Day count convention30/360 (German), modified following
Accrued coupon8.31%

Life cycle

Issue price100.00%
Initial fixing date14.10.2022
Payment day19.10.2022
First trading day19.10.2022
Last trading day15.07.2024
Final fixing day15.07.2024
Redemption date19.07.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term41
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue 18.93%

Product type

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

Legal parties

Issuer Zürcher 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 marketYes
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.32%
Cash value of fixed income investment upon issue97.74%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date19.07.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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