Inhaltsseite: Home

ZKB Barrier Reverse Convertible on worst of
Bayer AG/Fresenius SE & Co. KGaA/Merck KGaA

ISIN: CH1273442025 Security: 127344202 Symbol: Z07XSZ Life cycle
Secondary market

Bid Price 58.33%

Ask Price 58.83%

Currency qCHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 50'000.00

Date/time (delayed) 17.05.2024 05:15:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Bayer N28.66550.63EUR50.63
(100.00%)
-76.87%Hitn.vn.a.
Fresenius SE C A27.7525.95EUR25.95
(100.00%)
7.06%n.v.n.vn.a.
Merck A166.55148.85EUR148.85
(100.00%)
10.97%n.v.n.vn.a.

Reference data

ISIN CH1273442025
Security 127344202
Symbol Z07XSZ
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'088.49

Coupon

Coupon (Coupon p.a.)8.85% (8.80% )
Coupon paymentguaranteed
Interest portion p.a.1.92%
Premium portion p.a.6.88%
Coupon date22.07.2024
Day count convention30/360 (German), modified following
Accrued coupon0.71%

Life cycle

Issue price100.00%
Initial fixing date13.07.2023
Payment day20.07.2023
First trading day20.07.2023
Last trading day15.07.2024
Final fixing day15.07.2024
Redemption date22.07.2024
Redemption typeCash Settlement
Early redemptionNo
Residual term54
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 -43.46%

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 securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.92%
Cash value of fixed income investment upon issue98.11%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date22.07.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

Ajax loading