Uncertainty - translated into volatility on the stock exchanges - pushes prices down. However, for yield enhancement products that have a short option component, increased volatility can also be beneficial, as the option premiums collected increase with volatility: Higher coupons and/or lower barriers result. For investors assuming a sideways movement or rising markets, or assuming a normalization of volatility, temporarily increased volatility allows for more attractive conditions.
| Type | Valor | Underlyings | Coupon p.a. | Barrier | Duration (m) | Currency | Subsciption until |
| CBRC | 127346283 | SMI®, EURO STOXX 50®, S&P 500® | 4% | 60% | 18 | CHF | 25.09.2023 |
| CBRC | 127346285 | SMI®, EURO STOXX 50®, S&P 500® | 8% | 60% | 18 | USD | 25.09.2023 |
| ZKB Callable Barrier Reverse Convertible on worst of Partners Group Holding AG/Givaudan AG/Chocolade... 135805595 / CH1358055957 |
| ZKB Barrier Reverse Convertible on worst of Adobe Inc/Microsoft Corp/Oracle Corp 144653030 / CH1446530300 |
| ZKB Autocallable Barrier Reverse Convertible on worst of Barrick Mining Corp./Freeport-McMoRan Inc/N... 144653439 / CH1446534393 |
| ZKB Autocallable Barrier Reverse Convertible auf Palantir Technologies Inc 147480637 / CH1474806374 |
| ZKB Barrier Reverse Convertible auf Norwegian Cruise Line Holdings Ltd 144652105 / CH1446521051 |