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ZKB Barrier Reverse Convertible on worst of
Unitedhealth Group Inc/Procter & Gamble Co/Microsoft Corp

ISIN: CH1273443031 Security: 127344303 Symbol: n.a. Life cycle
Secondary market

Bid Price 102.93%

Ask Price n.a.

Currency USD

Exchange ZKB

Volume 50'000.00

Volume n.a.

Date/time (realtime) 14.05.2024 05:45:17

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Unitedhealth Group A513.88481.8872USD481.89
(100.00%)
5.47%265.038
(55.00%)
48.01%103.7587
Procter & Gamble A165.76149.7531USD149.75
(100.00%)
8.84%82.364
(55.00%)
49.86%333.8828
Microsoft N416.56346.1158USD346.12
(100.00%)
16.19%190.364
(55.00%)
53.91%144.4603

Reference data

ISIN CH1273443031
Security 127344303
Symbol n.a.
Currency USD
Currency hedging No
Nominal amount 50'000.00
Barrier level observation continuous
Maximum repayment 55'037.75

Coupon

Coupon (Coupon p.a.)10.08% (10.08% )
Coupon paymentguaranteed
Interest portion p.a.5.35%
Premium portion p.a.4.73%
Coupon date24.07.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date17.07.2023
Payment day24.07.2023
First trading day24.07.2023
Last trading day17.07.2024
Final fixing day17.07.2024
Redemption date24.07.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term62
Issue amount50'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot USD 50'000.00
Performance of underlying since issue 5.79%

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 Return5.35%
Cash value of fixed income investment upon issue94.92%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date24.07.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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