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ZKB Barrier Reverse Convertible on worst of
Verizon Communications Inc/AT&T Inc

ISIN: CH1252916817 Security: 125291681 Symbol: n.a. Life cycle
Secondary market

Bid Price 109.51%

Ask Price n.a.

Currency USD

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 13.05.2024 03:35:18

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Verizon Comm A40.436.5931USD36.59
(100.00%)
9.42%23.786
(65.00%)
41.12%27.3276
AT&T A17.1715.8459USD15.85
(100.00%)
7.71%10.300
(65.00%)
40.01%63.1078

Reference data

ISIN CH1252916817
Security 125291681
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'114.31

Coupon

Coupon (Coupon p.a.)11.43% (11.37% )
Coupon paymentguaranteed
Interest portion p.a.5.36%
Premium portion p.a.6.01%
Coupon date08.07.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date28.06.2023
Payment day06.07.2023
First trading day06.07.2023
Last trading day28.06.2024
Final fixing day28.06.2024
Redemption date08.07.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term45
Issue amount50'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue 8.36%

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 marketNo
Stamp duty payable upon delivery of the securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return5.36%
Cash value of fixed income investment upon issue94.89%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date08.07.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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