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ZKB Barrier Reverse Convertible on worst of
Delta Air Lines Inc (DE)/Mastercard Inc/Walmart Inc

ISIN: CH1273468210 Security: 127346821 Symbol: Z08D2Z Life cycle
Secondary market

Bid Price 103.81%

Ask Price 104.31%

Currency USD

Exchange SIX Structured Products

Volume 250'000.00

Volume 250'000.00

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

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Delta Air Lines N53.2634.42USD34.42
(100.00%)
35.25%20.652
(60.00%)
61.15%29.0529
Mastercard -A- N458401.16USD401.16
(100.00%)
12.12%240.696
(60.00%)
47.27%2.4928
Wal-Mart Stores A59.8353.7367USD53.74
(100.00%)
10.23%32.242
(60.00%)
46.14%18.6093

Reference data

ISIN CH1273468210
Security 127346821
Symbol Z08D2Z
Currency USD
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'135.00

Coupon

Coupon (Coupon p.a.)13.50% (13.50% )
Coupon paymentguaranteed
Interest portion p.a.5.46%
Premium portion p.a.8.04%
Coupon date23.10.2024
Day count convention30/360 (German), modified following
Accrued coupon0.98%

Life cycle

Issue price100.00%
Initial fixing date16.10.2023
Payment day23.10.2023
First trading day23.10.2023
Last trading day16.10.2024
Final fixing day16.10.2024
Redemption date23.10.2024
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term153
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 11.39%

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 date23.10.2024
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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