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ZKB Callable Barrier Reverse Convertible on worst of
Zurich Insurance N/Allianz N/AXA A

ISIN: CH1214881422 Security: 121488142 Symbol: Z23AJZ Life cycle
Secondary market

Bid Price n.a.

Ask Price n.a.

Currency qn.a.

Exchange SIX Structured Products

Volume n.a.

Volume n.a.

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

Sell Buy 

Underlying value

UnderlyingPriceInitial fixingCurr.CapDistance to capBarrierDistance to barrierRatio
Zurich Insurance N471.7439.70CHF439.70
(100.00%)
6.80%219.850
(50.00%)
53.40%n.a.
Allianz N264218.35EUR218.35
(100.00%)
18.34%109.175
(50.00%)
59.17%n.a.
AXA A33.3828.29EUR28.29
(100.00%)
16.03%14.145
(50.00%)
58.01%n.a.

Reference data

ISIN CH1214881422
Security 121488142
Symbol Z23AJZ
Currency qCHF
Currency hedging Yes
Nominal amount 1'000.00
Barrier level observation continuous
Maximum repayment 1'160.00

Coupon

Coupon (Coupon p.a.)16.00% (8.00% )
Coupon paymentguaranteed
Interest portion p.a.1.34%
Premium portion p.a.6.66%
Coupon date27.05.2024
Day count convention30/360 (German), modified following
Accrued coupon1.87%

Life cycle

Issue price100.00%
Initial fixing date20.02.2023
Payment day27.02.2023
First trading day27.02.2023
Last trading day20.02.2025
Final fixing day20.02.2025
Redemption date27.02.2025
Redemption typephysical delivery or cash settlement
Early redemptionNo
Residual term272
Issue amount10'000'000.00

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 7.30%

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 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, GB

Redemption

Redemption date27.02.2025
Redemption amount
Redemption currencyn.a.
Underlyingn.a.
Physical delivery-

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