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ZKB Barrier Reverse Convertible on worst of
Schindler Holding AG/Lonza Group AG/Swiss Re AG

ISIN: CH1329112713 Security: 132911271 Symbol: Z098LZ Life cycle
Secondary market

Bid Price 102.87%

Ask Price 103.37%

Currency CHF

Exchange SIX Structured Products

Volume 500'000.00

Volume 500'000.00

Date/time (delayed) 21.05.2024 05:15:01

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Schindler Hldg PS237.6233.2879CHF233.29
(100.00%)
1.98%151.637
(65.00%)
36.29%4.2865
Lonza Grp N507.8478.00CHF478.00
(100.00%)
5.87%310.700
(65.00%)
38.81%2.0921
Swiss Re N110.3114.60CHF114.60
(100.00%)
-3.95%74.490
(65.00%)
32.44%8.7260

Reference data

ISIN CH1329112713
Security 132911271
Symbol Z098LZ
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'083.00

Coupon

Coupon (Coupon p.a.)8.30% (8.30% )
Coupon paymentguaranteed
Interest portion p.a.1.39%
Premium portion p.a.6.91%
Coupon date25.03.2025
Day count convention30/360 (German), modified following
Accrued coupon1.36%

Life cycle

Issue price100.00%
Initial fixing date18.03.2024
Payment day25.03.2024
First trading day25.03.2024
Last trading day18.03.2025
Final fixing day18.03.2025
Redemption date25.03.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term299
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 -3.80%

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 Return1.39%
Cash value of fixed income investment upon issue98.63%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date25.03.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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