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ZKB Barrier Reverse Convertible on worst of
BNP Paribas SA/Société Générale SA/Commerzbank AG

ISIN: CH1273456561 Security: 127345656 Symbol: Z0865Z Life cycle
Secondary market

Bid Price 102.97%

Ask Price 103.47%

Currency qGBP

Exchange SIX Structured Products

Volume 200'000.00

Volume 200'000.00

Date/time (delayed) 15.05.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
BNP Paribas A71.7558.51EUR58.51
(100.00%)
18.53%32.181
(55.00%)
55.19%n.a.
Societe Generale A27.43525.845EUR25.85
(100.00%)
5.97%14.215
(55.00%)
48.28%n.a.
Commerzbank A15.0610.01EUR10.01
(100.00%)
33.53%5.506
(55.00%)
63.44%n.a.

Reference data

ISIN CH1273456561
Security 127345656
Symbol Z0865Z
Currency qGBP
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'143.11

Coupon

Coupon (Coupon p.a.)14.31% (15.95% )
Coupon paymentguaranteed
Interest portion p.a.5.84%
Premium portion p.a.10.11%
Coupon date23.05.2024
Day count convention30/360 (German), modified following
Accrued coupon1.15%

Life cycle

Issue price100.00%
Initial fixing date23.08.2023
Payment day30.08.2023
First trading day30.08.2023
Last trading day16.07.2024
Final fixing day16.07.2024
Redemption date23.07.2024
Redemption typeCash Settlement
Early redemptionNo
Residual term60
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot GBP 1'000.00
Performance of underlying since issue 6.35%

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 Return5.84%
Cash value of fixed income investment upon issue95.04%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date23.07.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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