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ZKB Callable Barrier Reverse Convertible on worst of
Nestlé AG/Novartis - Sandoz Basket/Sika AG/Swiss Life Holding AG

ISIN: CH1214888575 Security: 121488857 Symbol: n.a. Life cycle
Secondary market

Bid Price 100.47%

Ask Price n.a.

Currency CHF

Exchange ZKB

Volume 80'000.00

Volume n.a.

Date/time (realtime) 22.05.2024 05:40:13

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Nestlé N95.06109.39CHF109.39
(100.00%)
-15.07%53.601
(49.00%)
43.61%9.1416
Sika N281.5271.70CHF271.70
(100.00%)
3.48%133.133
(49.00%)
52.71%3.6805
Swiss Life N616.4560.20CHF560.20
(100.00%)
9.12%274.498
(49.00%)
55.47%1.7851

Reference data

ISIN CH1214888575
Security 121488857
Symbol n.a.
Currency CHF
Currency hedging No
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'124.17

Coupon

Coupon (Coupon p.a.)12.42% (6.20% )
Coupon paymentguaranteed
Interest portion p.a.1.70%
Premium portion p.a.4.50%
Coupon date03.06.2024
Day count convention30/360 (German), modified following
Accrued coupon1.45%

Life cycle

Issue price100.00%
Initial fixing date23.02.2023
Payment day02.03.2023
First trading day02.03.2023
Last trading day24.02.2025
Final fixing day24.02.2025
Redemption date03.03.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term276
Issue amount80'000.00

Price data

Price status flat Marchzins
Exchange ZKB
Trade time 09:15 - 17:15 (CET)
Round lot CHF 1'000.00
Performance of underlying since issue -13.10%

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 securitiesYes
SIX Telekurs EU tax classification code (out of scope)
Internal Rate of Return1.70%
Cash value of fixed income investment upon issue96.67%
Cash value of fixed income investment upon redemption100.00%

Sales restrictions

USA, US persons, Guernsey, EEA, GB

Redemption

Redemption date03.03.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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