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ZKB Callable Barrier Reverse Convertible on worst of AXA / Swiss Life Hldg N / Baloise Hldg N / Zurich Insur Gr N
AXA SA/Swiss Life Holding AG/Baloise-Holding AG/Zurich Insurance Group AG

ISIN: CH1214880986 Security: 121488098 Symbol: Z06XSZ Life cycle
Secondary market

Bid Price 99.61%

Ask Price 100.31%

Currency qCHF

Exchange SIX Structured Products

Volume 150'000.00

Volume 150'000.00

Date/time (delayed) 23.05.2024 11:12:43

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
AXA A33.5328.83EUR28.83
(100.00%)
13.86%17.586
(61.00%)
47.46%n.a.
Swiss Life N619545.80CHF545.80
(100.00%)
11.88%332.938
(61.00%)
46.25%n.a.
Bâloise-Hldg N154.2150.30CHF150.30
(100.00%)
2.53%91.683
(61.00%)
40.54%n.a.
Zurich Insurance N473.7438.60CHF438.60
(100.00%)
7.12%267.546
(61.00%)
43.34%n.a.

Reference data

ISIN CH1214880986
Security 121488098
Symbol Z06XSZ
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation at maturity
Maximum repayment 1'214.50

Coupon

Coupon (Coupon p.a.)21.45% (7.15% )
Coupon paymentguaranteed
Interest portion p.a.1.42%
Premium portion p.a.5.73%
Coupon date09.08.2024
Day count convention30/360 (German), modified following
Accrued couponn.a.

Life cycle

Issue price100.00%
Initial fixing date02.02.2023
Payment day09.02.2023
First trading day09.02.2023
Last trading day02.02.2026
Final fixing day02.02.2026
Redemption date09.02.2026
Redemption typeCash Settlement
Early redemptionNo
Residual term619
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 2.59%

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 marketYes
Stamp duty payable upon delivery of the securitiesNo
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.42%
Cash value of fixed income investment upon issue95.87%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date09.02.2026
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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