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ZKB Barrier Reverse Convertible on worst of
Nio Inc/Alibaba Group Holding Ltd

ISIN: CH1273454582 Security: 127345458 Symbol: Z085MZ Life cycle
Secondary market

Bid Price 73.95%

Ask Price 74.45%

Currency USD

Exchange SIX Structured Products

Volume 100'000.00

Volume 50'000.00

Date/time (delayed) 14.05.2024 05:15:00

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Nio Inc ADR5.7910.64USD10.64
(100.00%)
-86.83%Hitn.v93.9850
Alibaba Grp A79.5189.11USD89.11
(100.00%)
-13.27%n.v.n.v11.2221

Reference data

ISIN CH1273454582
Security 127345458
Symbol Z085MZ
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'225.00

Coupon

Coupon (Coupon p.a.)22.50% (22.50% )
Coupon paymentguaranteed
Interest portion p.a.5.46%
Premium portion p.a.17.04%
Coupon date30.08.2024
Day count convention30/360 (German), modified following
Accrued coupon16.06%

Life cycle

Issue price100.00%
Initial fixing date24.08.2023
Payment day30.08.2023
First trading day30.08.2023
Last trading day26.08.2024
Final fixing day26.08.2024
Redemption date30.08.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term102
Issue amount5'000'000.00

Price data

Price status flat Marchzins
Exchange SIX Structured Products
Trade time 09:15 - 17:15 (CET)
Round lot USD 1'000.00
Performance of underlying since issue -46.48%

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 Return5.46%
Cash value of fixed income investment upon issue94.82%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date30.08.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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