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ZKB Capped Airbag Certificate
S&P 500® Index

ISIN: CH1218268022 Security: 121826802 Symbol: SPCAXZ Life cycle
gray-market

Bid Price n.a.

Ask Price n.a.

Currency n.a.

Exchange ZKB

Volume n.a.

Volume n.a.

Date/time (delayed) n.a. n.a.

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.Bonus levelBarrierDistance to barrierCapDistance to capRatio

Reference data

ISIN CH1218268022
Security 121826802
Symbol SPCAXZ
Currency USD
Currency hedging No
Nominal amount 100.00
Barrier level observation
Maximum return p.a. n.a.
Maximum repayment n.a.

Life cycle

Issue price100.00
Initial fixing date21.02.2025
Payment day27.02.2025
First trading day27.02.2025
Last trading day12.12.2025
Final fixing day12.12.2025
Redemption date17.12.2025
Redemption typeCash Settlement
Early redemptionNo
Residual term291
Issue amount22'000'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot 1
Performance of underlying since issue

Product type

SSPA derivative category Participation
SSPA code Bonus certificate (1320)

Legal parties

Issuer Zürcher Kantonalbank, Zürich
Keep-Well Agreement
Issuer rating Standard & Poor's AAA, Moody's Aaa, Fitch AAA
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 marketYes
Stamp duty payable upon delivery of the securitiesNo
SIX Telekurs EU tax classification code0 (out of scope)
Internal Rate of Returnn.a.
Cash value of fixed income investment upon issuen.a.
Cash value of fixed income investment upon redemptionn.a.

Sales restrictions

USA, US persons, EEA, Guernsey, QZ

Redemption

Redemption date17.12.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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