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ZKB Barrier Reverse Convertible on worst of
Siemens AG/Linde PLC/SAP SE

ISIN: CH1218231582 Security: 121823158 Symbol: n.a. Life cycle
Secondary market

Bid Price 113.28%

Ask Price n.a.

Currency qEUR

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 13.05.2024 09:25:15

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Siemens N187.98133.97EUR133.97
(100.00%)
28.75%65.645
(49.00%)
65.09%n.a.
Linde N434.78340.9957USD341.00
(100.00%)
21.50%167.088
(49.00%)
61.54%n.a.
SAP A176.68104.13EUR104.13
(100.00%)
40.97%51.024
(49.00%)
71.08%n.a.

Reference data

ISIN CH1218231582
Security 121823158
Symbol n.a.
Currency qEUR
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'145.79

Coupon

Coupon (Coupon p.a.)14.58% (9.74% )
Coupon paymentguaranteed
Interest portion p.a.2.70%
Premium portion p.a.7.03%
Coupon date06.06.2024
Day count convention30/360 (German), modified following
Accrued coupon14.04%

Life cycle

Issue price100.00%
Initial fixing date30.11.2022
Payment day07.12.2022
First trading day07.12.2022
Last trading day30.05.2024
Final fixing day30.05.2024
Redemption date06.06.2024
Redemption typeCash Settlement
Early redemptionNo
Residual term15
Issue amount50'000.00

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 27.39%

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 taxYes
Withholding taxYes
Stamp duty payable in the secondary marketYes
Stamp duty payable upon delivery of the securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return2.70%
Cash value of fixed income investment upon issue96.09%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date06.06.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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